Du Val BTR investors can expect 41c in the dollar return
Statutory managers’ latest six-monthly report says total amount owing to investors down to $225.8m.
The BTR fund owned two residential rental properties located in Mangere, Auckland.
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Investors in Du Val's Build-to-Rent (BTR) fund are in line for a distribution of 41 cents in the dollar, which is expected to be paid in the near future, the failed property group's statutory managers say.
In August, 2024, the FMA made a ‘without notice’ application to place dozens of Du Val
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