Kennards Self Storage has acquired a Wellington property at mortgagee sale for $5.8 million.
Equitable Property Holdings is owed $24.9 million on a Wellington property that has a rateable value of $7.4 million.
The rateable value is the same price the property was bought for in 2006 by
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Chris Hutching for NBR NZ Property Investor
Tue, 11 Feb 2014
Tue, 11 Feb 2014
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Equitable short $25 million from receivership sale to Kennards
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