Hotchin entity wins property dispute

Mark Hotchin gave evidence in the High Court case over his property. (Image: BusinessDesk)

Tue, 10 Sep 2024

The Court of Appeal has sided in favour of a Mark Hotchin-backed entity in a commercial property dispute, awarding it $400,000 plus interest from February 2019.The dispute between the former Hanover founder’s OHL Ltd and Premier Property Developments concerned a building in Auckland’s CBD.OHL bought the property from Premier for $3.5 million, but contrary to representations, the basement tenant – a pool hall – wasn’t paying any rent.Justice Pheroze Jagose found against OHL in June 2023, rejecting its Fair...

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