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Receivership unwinds rental for commercial property

Chris Hutching for NBR NZ Property Investor
Wed, 11 Jul 2018

A property owned by several investors is likely to be devalued following receivership of the tenant.

Christchurch Yarns, which leases the commercial property at 15 Sheffield Crescent, Christchurch, was placed in receivership last week with the loss of 85 jobs.

The uncertain position of

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Chris Hutching for NBR NZ Property Investor
Wed, 11 Jul 2018
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Receivership unwinds rental for commercial property
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