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Property
9 mins to read

Who are the property sector’s ‘bad Santas’?

Between them, these ‘Infamous Five’ have managed to destroy almost half a billion dollars from investors and lenders this year.

Who are the property developers who have been hogging the headlines in NBR this year, for all the wrong reasons? You have probably heard of at least some of them. But here's a reminder:

5) David Wigmore and Chaojie (Jasmine) Yao

David Wigmore and Chaojie (Jasmine) Yao of Black Robin Equity (BRE) have

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Brent Melville Mon, 22 Dec 2025
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Who are the property sector’s ‘bad Santas’?
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