Listed property group's portfolio slips below $2 billion on lower capitalisation rates, and on the back of exposure to government tenants.
Concerned subcontractors have been told Kristen Holland is no longer working with the property group.
For the second time in as many years, a creditor has applied to the High Court to have Nikki Connors’ Propellor Property Investments wound up.
Brightlight looks across the Tasman to build new investment models.
Auckland Council has begged the Government to let it pause planning hearings that are very likely defunct.
The boutique hotel founded by the late concert pianist Kevin Carlin will continue to trade while receivers seek a buyer.
The country’s largest building industry body wants greater influence over training issues affecting its sector, it says.
Collective of subcontractors is looking at liquidation proceedings, while investors who have sunk as much as $1m into the developer are considering options.
A colourful past and several receiverships later, Lakeside Spa & Resort is at a point where it can meet accommodation demand, sellers hope.
The unfinished 82-unit Dawn Park project in Te Atatū is set to be completed by the new buyer, receiver confirms.