Injunction sought against ‘undervalued’ sale of marine precinct
Deal of the decade as developer fronts with less than half of Tauranga marine asset’s value for the development of a super-yacht ‘refit’ station.
Tauranga’s marine precinct.
Local business owner lawyers will apply for a court injunction on Tuesday against the sale of Tauranga's marine precinct to a private developer, for less than half its $33 million value.
The legal challenge, on the basis that the deal would ‘displace’ about a dozen local businesses, comes after
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