Farhad Moinfar’s Citadel Capital is hoping to develop the Christchurch heritage building, with $4.9m being raised via a wholesale credit offer.
Could directors be jailed for trust breach?
It makes sense to invest public funds in profitable New Zealand ventures rather than passive funds on Wall Street.
Developer Martin Kells did not respond to notices and repeated demands to pay debt.
Auckland Council wants to hike retail development contributions by 500%.
PLUS: Who is excluded as court rules on retentions
The fund is looking to add two industrial properties to its portfolio.
PLUS: Subcontractor opposes PwC retention scheme
Australian developer behind Hobsonville Point received consent for a northern Auckland project.
Incumbent liquidator denies being a patsy.