Du Val in ‘negotiations’ to resume investor payments

Du Val in ‘negotiations’ to resume investor payments
Du Val co-founders Charlotte and Kenyon Clarke. (Image: Facebook)
Brent Melville
Du Val Capital Partners has acted to reassure its build-to-rent fund investors that the fund has adequate reserves to meet its obligations.The company, in response to investor concerns as to its ability to service interest commitments by both its build-to-rent (BTR) and mortgage investor funds, issued an update to its BTR partners at the end of last month.The effort coincides with more evidence that non-wholesale investors have been allowed to invest in the lightly regulated wholesale market.'Stupid'BusinessDesk has spoken with an inves...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024