Farhad Moinfar’s Citadel Capital is hoping to develop the Christchurch heritage building, with $4.9m being raised via a wholesale credit offer.
Vital says it has had “significant” discussions about participation in the acquisition but hasn’t yet reached an agreement.
NorthWest management wants to acquire Australian property assets from the sale – whether it can make that happen is yet to be seen.
Auckland councillor Greg Sayers wrote a book saying the housing problem can be fixed by freeing up more land but not everyone agrees.
The Waimahia housing development has transformed 16ha of green pasture at Weymouth.
The Lower Hutt property was contaminated with asbestos.
KiwiBuild has become a policy in search of a policy justification.
Receivers still unsure what funds will be available for unsecured creditors.
Judith Collins says the housing minister "needs to come clean."
Property availability in Gisborne is the tightest since records began.