Hotchin lawsuit: vendor 'never fully articulated' reduced rent, says agent

OHL is arguing in the trial at the high court at Auckland that the tenancy income was overstated. (Image: NZME)

Wed, 28 Jun 2023

One of the agents tasked with selling the unit now at the centre of Mark Hotchin’s lawsuit says the former owner never told them one of the tenants was paying a lower rent.Former Colliers agent Simon Felton started giving evidence on the second day of the week-long trial over whether Premier Property Developments (PPD) misled Hotchins’ OHL Limited when it bought the retail unit at the bottom of 1 Kitchener St, Auckland.OHL is arguing in the trial at the high court at Auckland before Justice Pheroze Jagose the tenancy income was over...

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