Liquidator and receiver do battle over Ormiston Rise
Unsecured creditors are owed $21m on the large South Auckland housing development.
Ormiston Rise is a development of 727 homes.
Maria Slade
Wed, 03 May 2023
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Skirmishing over a troubled $200 million South Auckland property development continues, with unsecured creditors owed $21m and a key hearing date still a year away.
Ormiston Rise in Flat Bush is a development of 727 homes to be completed in four stages.
Work began in 2020, but the project was put
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Maria Slade
Wed, 03 May 2023
Contact the Writer: maria@nbr.co.nz
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Liquidator and receiver do battle over Ormiston Rise
Property,
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