Farhad Moinfar’s Citadel Capital is hoping to develop the Christchurch heritage building, with $4.9m being raised via a wholesale credit offer.
'The fact is, our institutions are not up to this task,' EMA's Kim Campbell says.
New rental fund can be a part of the housing solution, founders say.
Construction firm fight continues against supplier in liquidation.
Investor claims his power of attorney was abused.
Receiver says secured creditors are unlikely to get anything.
Precinct's 21-storey Auckland redevelopment includes a hotel, office spaces and rooftop bar.
Auckland Trotting Club terminated Canam’s construction contract last month.
Westpac predicts a sharp but short-lived burst of house price inflation.
The balancing act of providing housing and feeding a growing population.