Sale is part of Infratil’s ‘legacy portfolio’ divestment strategy, with funds to be reallocated into its data centre developments.
The Herberts control more than 18ha of prime waterfront real estate in Auckland as well as 1590 marina berths.
Insolvency expert explains the economics of failure during a boom.
Miles Construction signs deal for 16-unit apartment block.
Director disputes receiver Damien Grant’s appointment.
The property adjoins the Sylvia Park railway station.
RCR will continue to deliver the design elements for the C7 systems.
Unsecured creditors balloon from $13.5m to $47.3m.
The Auckland property development company was put into liquidation last month.
The law firm will be leaving Kiwi Property's building after 20 years to move to what has been described as "the heart of the Auckland CBD."
