Du Val investors aim to liquidate mortgage fund

Du Val investors aim to liquidate mortgage fund
Du Val's Mountain Vista Estate, on a mountain of debt. (Image: Du Val)
Brent Melville
The legal team representing a group of disgruntled investors in Du Val property funds wants to have a liquidator appointed to the mortgage fund's limited partnership. The lawyers – Auckland barrister Jeremy Johnson and solicitors Kim Francis and William van Roosmalen – are representing as many as a dozen investors across both the wholesale mortgage and build-to-rent (BTR) funds. BusinessDesk understands the lawyers have also brought Damien Grant of Waterstone Insolvency on board as the potential liquidator in the...

More Property

ASB pays $566 m for North Wharf HQ lease extension
Property

ASB pays $566 m for North Wharf HQ lease extension

The OIO has approved ASB's request to extend its lease by nine years.

RBNZ paying for unused floor space at new office
Property

RBNZ paying for unused floor space at new office

The Reserve Bank of NZ's plush new Britomart office will be only partially occupied. 

Andy Macdonald 29 Oct 2025
Labour unveils targeted capital gains tax policy
Property

Labour unveils targeted capital gains tax policy

The tax would apply only to profits from selling residential or commercial property.

Staff reporters 28 Oct 2025
Fletcher Building MD: ‘It hurts to make these cuts’
Property

Fletcher Building MD: ‘It hurts to make these cuts’

An emotional Andrew Reding says staff understand why the firm has to cut back.