Between them, these ‘Infamous Five’ have managed to destroy almost half a billion dollars from investors and lenders this year.
A standard rental clause gives tenants grounds to forgo rent if they can't access their tenancy.
Vital said NZSA's objection stems from a philosophical objection to less New Zealand regulation under the proposed structure.
Asset Plus warns investors not to rely on draft valuations.
Asset Plus shares sunk well below the subscription price.
The Bay of Plenty property developer says key issues have failed to be addressed.
Private plan change marks end of ‘painstaking’ three-year regulatory journey for Perry Group.
The rights issue and $127.5m development will be put to a shareholder vote.
It's the fund's second venture with the NBR Rich List Russell Family.
But a critic calls the Auckland Council report “arithmetical gymnastics.”