Du Val had not paid Blues sponsorship fees

Du Val had not paid Blues sponsorship fees
Blues loose forward Hoskins Sotutu wears the team shirt bearing the Du Val logo. (Image: NZME)
Maria Slade
Garth Bray
Du Val was well behind in its sponsorship payments to the Blues Super Rugby team when regulators placed the property development group into interim receivership this month, BusinessDesk understands.The Du Val group signed on as a major sponsor to the Blues men’s team and an official partner of the women’s Aupiki team in December 2021.The men wore the Du Val logo on the collar of their shirts when they played the Super Rugby final against the Chiefs on June 22.However, the property group had been behind in its financial commitments t...

More Property

Du Val Lakewood Plaza entities owe $16.2m
Property

Du Val Lakewood Plaza entities owe $16.2m

Not a cent of what's owed over the Manukau apartment tower has been paid, BDO says.

No oversight of a sector handling millions
Property

Maria Slade: No oversight of a sector handling millions

Not regulating property managers is like putting on a new dress without doing up the zip.

Maria Slade 14 Oct 2024
Du Val founders seek legal aid
Property

Du Val founders seek legal aid

Receivers are trying to get out of paying rent on the Clarkes' Remuera home.

Freedom Lifestyle Villages sells $40m stake
Property

Freedom Lifestyle Villages sells $40m stake

The investment will fund the group's plan to grow to 10 or 15 villages, chair says.

Maria Slade 08 Oct 2024