Six property development companies started by developer Patrick Fontein are about to vanish.
Some of the projects the companies developed won accolades. The $35 million 2ha Harbourside Business Park in West Auckland, developed by Harbourside Properties, won the Property Council's supreme award.
The businesses have finished projects, sold properties, repaid loans and ended trading. All are in liquidation.
Fontein planned the luxury estates at Huka Falls near Taupo and the $500 million Orewa Kensington Park.
That property's future could be announced soon after receivers KordaMentha last week said they were in negotiation with parties over its sale.
Vivian Fatupaito of PricewaterhouseCoopers said the companies to be wiped from the NZ Companies Office register were:
* Harbourside Properties, which started in 2001, developed Harbourside on Rosebank Rd, Avondale. The Top Trust and Westpac NZ are secured creditors.
* Kensington Residential Upland, started a Remuera project in which two apartments and five houses were finished. No unsecured creditors.
* Kensington Residential Orakei, started in 2003 to build two apartments and a house in Auckland. The project was completed at a loss in 2005 when the places were sold. Westpac had a security registered on the company but the company had no debts to the bank.
* Kensington Residential Kohimarama, started in 2004 to develop 14 apartments, which were all sold. ANZ National Bank had a security but was owed no money, Fatupaito said.
* Huka Village, started in 1987 to hold Taupo land for Fontein's ambitious housing development which failed.
* De Berri Group, started in 2005 as the management company for the Huka Village conference centre.
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