New house-building business couldn't survive downturn: $8.9m liabilities
KPMG will now go about realising assets in an attempt to repay company debts.
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Latest from Property and Business Services
Property Insider: Seascape adjudication decision awards $33m; Carrie Bradshaw index
Developer to pay builder China Construction New Zealand $33m.
'We can't sleep': Couple fear for future, loan on Du Val unit axed
Meanwhile, a decision on media access to court and receivership files has been reserved.
Du Val downfall: From champagne, private jets to receivership and $250m debt
Now Du Val investors and creditors want their money.
Downed tools leave Auckland's Seascape an empty shell
The Detail: A feud between builder and developer has brought work on Seascape to a halt.
JLL retirement village study: population up, companies adjust growth
Most older people do not live in such villages, even with 53,000 people there now.
ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount
Receivers have collected about 85% of the total amount owed by debtors.
The five biggest property sales in 2024 so far – including Sir Peter Jackson’s Lyall Bay deal
Buying and selling activity is continuing apace, despite the sluggish economy.
Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof
Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.
Biggest deal of 2024: Sir Peter Jackson’s links to $105m Lyall Bay purchase
Filmmaker has plans to build a film museum.
Opinion: There's more to solving the housing crisis than upping supply
OPINION: A closer look at the web of factors that influence house prices and rents.
'Suspended' - building work on NZ's tallest apartment tower
Dispute between China Construction and developer Shundi Customs: Work suspended.
Du Val Group: Andrew Bayly quizzed over statutory management
Complexity and scale meant immediate government intervention was required - Bayly.
PwC braced for 6-month ban in China over Evergrande audit
Financial Times: PwC punished for work on failed property developer’s accounts.
July median house price and sale numbers up on 2023
'July brought a new wave of buyer activity ... not typically seen in late winter.'
BNZ cuts rates for first-home buyers
Borrowers with less than 20% equity will be able to access standard rates.
How wealthy Kiwis are splashing the cash despite tough economy
The economy might be tough but uber-wealthy Kiwis are still spending eye-watering amounts.
Will the Du Val founders' reality TV show ever hit our screens?
Du Val show might air overseas initially, producer says.
'Surprise, intrigue' at three-home building which appears as one
Could this be a new prototype for terraced housing on medium-density Auckland sites?
Retirement giant wins fast-track consent for 13-level block at $500m village
Building to rise in Parnell after a joint venture between developer and charitable entity.
Du Val group: Firearms seized when Remuera property raided
Firearms were seized when authorities went to the Du Val owners' home.
Du Val investor worried after interim receivership
'It’s been nearly two years since I’ve been paid anything.' - Du Val investor
'Rent will continue' - Du Val to worried apartment landlord
Around 500 people live in the high-rise.
'It would take out 20% of sales': what many Catalina Bay apartment buyers want
One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.
'What I learned': Why Ben Wilson converted offices to apartments
Several CBD office buildings in Auckland have been converted into apartments, hotels.
Scope of Du Val businesses revealed: 64 entities now in PwC hands
The apartment and townhouse development group has been put into interim receivership.
$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal off
Skyscraper deal gets flushed after Hong Kong suitors don't progress.
Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'
'The fixed fee has hurt us. No one expected rates to go up 15% per annum."
'The idea was to design an artificial sky' - architect Gordon Moller on new SkyCity hotel
New hotel opens today, offering 303 rooms and with an initial 65 staff.
Fletcher Construction suing waterproofers over $320m loss for NZICC fire
The two waterproofing businesses have denied any liability for the October, 2019 blaze.
What analysts say about $2b Arvida takeover: What happens next?
Grant Samuel's adviser report is due out in the next few weeks, then what?
Property Insider: New SkyCity CEO starts; NZ’s highest outdoor office garden
Michael Ahearne has gone. Now ex-army officer Jason Walbridge has returned from Las Vegas.
Some new houses so energy efficient, they must be cooled in winter, Minister says
Over-insulated? Penk says some people are taking extreme steps.
Auckland real estate agency fined $7000, censured for 25 audit breaches
Breaches which occurred during a three-year period resulted in a tribunal ruling.