Sale seen as part of a shift into mixed-use, retail and build-to-rent portfolio.
A 28-day interim order is being sought in the High Court.
The director of both companies, Cheng Tih Lee, has been referred to MBIE by Gerry Rea Partners.
Christchurch industrial property revalued downwards four months after acquisition.
Letter to property syndicate shareholders urges attendance at annual meetings next week.
Cambridge family who suffered loss speaks out after NBR’s report on failed Stonewood franchisee.
Controversial development finally nixed after high-profile opponents buy land to develop it into an arts and recreation space.
King Charles’s godson gets only approval granted so far under new Overseas Investment Act rules.
A mysterious woman known only as ‘Sharon’ is contacting winning builders offering them features in a rival magazine.
Latest filing shows property syndicate needs urgent $8.4m after missing bank payment demands in June and August.