Black Robin faces another receivership and Serepisos action

Black Robin faces another receivership and Serepisos action
McKenzies Shute was set up to develop three alpine villas in Jack's Point, near Queenstown. (Image: Supplied)
Maria Slade
Auckland property group Black Robin’s troubles continue to mount, with another of its companies going into receivership and two High Court cases pending.McKenzies Shute, a Black Robin entity set up to develop three alpine villas at Jack’s Point near Queenstown, was placed into receivership by FM Custodians on Monday.The company raised $2.6m to develop the three villas and listed the equity investment on the Catalist small business exchange.The latest collapse follows the receivership in April of Black Robin entity 3370GNR, whic...

More Property

Vector faces fresh complaint on unfair contract terms
Property

Vector faces fresh complaint on unfair contract terms

Vector faces more scrutiny over contract terms after Commerce Commission advice.

Vector ‘on notice’ for unfair contract terms; complainant now facing higher costs
Property

Vector ‘on notice’ for unfair contract terms; complainant now facing higher costs

A developer’s Fair Trading win against Vector feels like a loss.

Garth Bray 01 Jul 2025
Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025