BusinessWhimp company investors face 'substantial shortfall', say liquidatorsPwC queries apparent use of investor money to fund 'personal interests of the director'.23 Apr 02:41 AM
ConstructionDu Val Build to Rent investors to receive 41c in the dollarMortgage Fund investors are unlikely to get their money back.20 Mar 01:26 AM
PropertyProfit pain, pipeline gain: $3.2b landlord sticks with big build ambitionsPrecinct has 97% occupancy in its portfolio. Planning new 56-level Auckland twin-towers.25 Feb 08:55 PM
PremiumOpinionAnne GibsonProperty Insider: Beachcroft gets new builder: Seascape, Du Val good news? Southern Cross at Epsom10 Nov 04:00 PM
PremiumOpinionAnne GibsonProperty Insider: Eke Panuku’s legacy and what will replace the agency that has changed the shape of Auckland29 Sep 04:00 PM
PremiumPremiumPropertyPwC victory: Property sales cut Du Val debts from $306m to $267mRepayments have been made from the proceeds of selling properties – a victory for PwC.16 Sep 04:36 AM
PremiumPremiumPropertyPwC says sell: 59-unit partly built Du Val block up for saleGovernment-appointed statutory managers PwC call in Colliers to quit an apartment project.01 Jul 03:00 AM
PremiumPremiumBusinessCourt to decide Du Val asset seizure ordersDu Val reportedly owes $306m to investors and creditors, according to PwC.16 Jun 08:07 AM
PremiumPremiumProperty'Real stress': Labour MP Ingrid Leary on retirement village payoutsThe law doesn't say when capital sums must be repaid, causing 'real stress': Ingrid Leary.28 May 01:00 AM
BDBDPropertyDu Val founders fight order to attend interview with receiversThe Clarkes may appeal a court ruling that they answer questions about their finances.30 Apr 05:19 AM
PremiumPremiumBusinessDu Val unit buyer fears reneging on $850,000 contract'Targeted and called repetitively by young Pasifika people who got my trust.' - Keil-Hall10 Apr 05:00 PM
PremiumPremiumBusinessDu Val saga: How were jewellery, artworks, firearms paid for?PwC sought court orders for Clarkes to deliver assets or provide information about them.01 Apr 09:58 PM
BusinessDu Val Group debt grows to $306m, new report saysDu Val's debt rose from $238m to $306m, requiring further investigation.23 Mar 08:23 PM
PremiumPremiumBusinessFour months, still no buyers: PwC trying to sell Du Val propertiesBare land ready for unit development and a multi-level apartment block are still for sale.13 Feb 04:00 PM
PremiumPremiumBusinessProperty Insider: 6 big things likely to dominate 2025Seascape, Ikea, some big new buildings and a court drama loom.20 Jan 04:01 PM
PremiumPremiumBanking and financeDu Val entity funnelled $6.7m to 8 affiliates amid $4.6m tax debtThe loans were made to eight Du Val entities and were all unsecured.19 Jan 04:00 PM
PremiumPremiumAnalysisJane PhareDu Val downfall: From champagne, private jets to receivership and $250m debtIt was a lifestyle of flashy opulence - until the money ran out.30 Dec 11:00 PM
PremiumPremiumBusinessDu Val court hearing pencilled inJudge this week will be considering PwC’s application for information in the case.15 Dec 09:58 PM
PremiumPremiumBusinessDu Val receivers PwC due in court against Charlotte and Kenyon Clarke tomorrowThe case revolves around access to information and PwC escaping paying Remuera home rent.01 Dec 04:00 PM
PremiumPremiumBusiness'Burning cash' - insider on Mitre 10's 'horrific' software system upgradeAuditors PwC: Cited disruptions to operations from that IT upgrade.20 Nov 12:02 AM
BusinessDelay looms for FMA case against Du Vul founders unable to secure lawyerFMA action could be stalled by lack of lawyer but PwC action will proceed as planned.14 Nov 04:33 AM
Business'Woke up to armed cop': Du Val founder hits out at police after raid on Remuera home'Every grubby witness' among the forces lamented in since-deleted post.13 Nov 11:32 PM
PremiumPremiumBusinessSkyCity AGM: Shareholder criticism for non-compliance, regulatory actions by authoritiesShareholder said company had been mismanaged and asked about accountability.31 Oct 01:21 AM
PremiumPremiumBusinessDu Val's inner circle: The key players in the collapsed property empireKenyon and Charlotte Clarke's key people in Du Val Group.16 Oct 02:00 AM
Banking and financeEye-watering $237m debts run up by failed Du Val, first statutory report reveals'A number of limitations in respect of these financial records' - PwC on Du Val entities.26 Sep 04:28 AM
PremiumPremiumConstructionStonewood Key’s John Chow on house building; Du Val-managed apartments suffer setbacks'Our current focus is on finishing our existing projects': John Chow, Stonewood Key23 Sep 05:00 PM
PremiumPremiumBanking and financeProperty Insider: 'Terrific time to look at NZ' for $1.6b investorBig investor says New Zealand has compelling opportunities.09 Sep 05:00 PM
PremiumPremiumBanking and financeDu Val's legal tsunami: eight court cases pending against businessesTwo advisers listed in a Du Val document told PwC they did not have any involvement.05 Sep 05:25 AM