The ‘lucky’ Du Val investors who lost 58% of their money
Auckland build-to-rent interests are in the hands of a new investor-led consortium, while company founders are out of that deal.
The FMA and police raided the Clarkes’ Remuera home in early August 2024.
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An investor who "cut his losses" in Du Val’s build-to-rent fund took a hit of about $145,000 on an investment of $250,000.
That investor, and most of the other 31 original punters in the BTR fund, are almost certain to fare better than the 83 investors in the failed property developer's
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