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Precinct Properties sells Auckland Intercontinental for $180m
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Civil war: Auckland Council v Auckland Council
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A dozen linked property companies collapse owing IRD $5m

Auckland director Lin Fang’s 12 property companies have all failed this year, with high intercompany loans.

Nicholas Pointon Thu, 26 Oct 2023
Property
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Later living in luxury

Retirement village operators are increasingly targeting the luxe end of the market and its demanding clientele as a lucrative growth sector.

Maria Slade Wed, 25 Oct 2023
Property

High Court rejects property developers’ interim request

A 28-day interim order was being sought to try and save Auckland properties.

Jonathan Mitchell Mon, 16 Oct 2023
Property
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Sir Bob Jones acquires Auckland tower from Canadian pension funds

The building at 51-53 Shortland Street had a rateable value of $70m in 2021.

Nicholas Pointon Fri, 06 Oct 2023
Property
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Auckland residential property developer placed in receivership

Financier Vincent Capital has called in its lending to the Treasure Plus group.

Maria Slade Tue, 03 Oct 2023
Property
1

Developers try and save Auckland properties from mortgagee knife

A 28-day interim order is being sought in the High Court.

Jonathan Mitchell Tue, 26 Sep 2023
Property
1

Liquidators of failed developer go after shareholding entity

The director of both companies, Cheng Tih Lee, has been referred to MBIE by Gerry Rea Partners.

Nicholas Pointon Tue, 26 Sep 2023
Property
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PMG fund loses $2m on related party deal

Christchurch industrial property revalued downwards four months after acquisition.

Tim Hunter Mon, 18 Sep 2023
Property
4

Maat gets another serve from activist

Letter to property syndicate shareholders urges attendance at annual meetings next week.

Tim Hunter Wed, 13 Sep 2023
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