Three farm blocks on the Coromandel Peninsula have been sold at a heavy discount to valuation as bankers try and recover loans to Matarangi properties that were once part of the Hanover empire.
The three farms on State Highway 25 were owned by subsidiaries of Matarangi Beach Estates, which
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Duncan Bridgeman
Thu, 25 Aug 2011
Thu, 25 Aug 2011
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Matarangi farms sell at bargain prices
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