Du Val's Charlotte and Kenyon Clarke could be homeless by Christmas

Du Val's Charlotte and Kenyon Clarke could be homeless by Christmas
'Freaking awful': Du Val chief executive Charlotte Clarke gives a tearful account of personal receivership pressures. (Image: BusinessDesk)
Garth Bray
It takes 60 seconds to find a box of tissues, but it feels like an age. Charlotte Clarke (in receivership) is in tears and husband Kenyon Clarke (in receivership) is having a hard time locating them. The mug of gumboot tea and Value-brand milk is getting cold on the coffee table, but the current chief executive of Du Val Property (in statutory management) is just warming up. “It's freaking awful,” is Charlotte Clarke’s curt assessment of being placed in personal receivership under court orders obtained by th...

More Property

Du Val pair ordered to pay costs
Property

Du Val pair ordered to pay costs

The Clarkes are to pay the markets regulator following the asset seizure hearing.

Maria Slade 13 Oct 2025
Auckland developer collapse leaves $40m in debt
Property

Auckland developer collapse leaves $40m in debt

Between all firms, debts with the IRD are about $25 million.

Gregor Thompson 13 Oct 2025
Precinct launches $310m raise to reduce bank debt
Property

Precinct launches $310m raise to reduce bank debt

The placement represents a 7.5% discount to Precinct’s Friday close price.

Gregor Thompson 13 Oct 2025
Liquidators flag ‘problems’ with Hart-funded developer
Property

Liquidators flag ‘problems’ with Hart-funded developer

The six-month report said unsecured creditors were facing losses exceeding $2.7 million.

Gregor Thompson 10 Oct 2025