With more than four decades of construction industry experience, Stuart Roberts believes Nook Homes breached its own contract conditions.
The development was put at risk after rights issue was crushed by market volatility.
The Warehouse Group is calling in the no access in emergency clause.
Listed property funds Augusta and Argosy pull deals in the wake of the lockdown.
Centuria withdrew its bid without providing a public explanation.
A standard rental clause gives tenants grounds to forgo rent if they can't access their tenancy.
Vital said NZSA's objection stems from a philosophical objection to less New Zealand regulation under the proposed structure.
Asset Plus warns investors not to rely on draft valuations.
Asset Plus shares sunk well below the subscription price.
The Bay of Plenty property developer says key issues have failed to be addressed.