D-day looms for Du Val pair

D-day looms for Du Val pair
Du Val founders Kenyon and Charlotte Clarke. (Image: Supplied)
Maria Slade
Du Val founders Charlotte and Kenyon Clarke have until January 15 to deliver a range of items to receivers PwC and provide a statement of their personal financial affairs.Before Christmas, the receivers asked the High Court to order the couple to provide the items and information, and to present for interviews.Auckland property development group Du Val was placed in statutory management in August owing an estimated $240m to its lenders, investors and suppliers.PwC are the statutory managers, and the receivers of the Clarkes’ property and...

More Property

Best of BusinessDesk: Image was everything for Du Val founders
Property

Maria Slade: Best of BusinessDesk: Image was everything for Du Val founders

Nothing enraged the Clarkes more than a hint they weren't wealthy high-flyers.

Auckland’s St James: a political football
Property Summer Read

Auckland’s St James: a political football

Restoration funding is secured, but the theatre remains derelict.

Property values fell in December, outlook ‘subdued’
Economy

Property values fell in December, outlook ‘subdued’

The housing market had a ‘soggy’ performance in 2024, an analyst says.

Staff reporters 03 Jan 2025
Auckland apartment construction declines
Economy

Auckland apartment construction declines

Market conditions are ‘very, very difficult’ says Simplicity’s Sam Stubbs.

Murray Jones 30 Dec 2024