Fisk talks Du Val BTR sale as investor Paul Bary beats refinance drum

Statutory managers want to realise the 45% of Du Val BTR held by Kenyon and Charlotte Clarke. (Image: NZME)

Fri, 22 Nov 2024

Fri, 22 Nov 2024

Du Val statutory managers are considering a market sale of the group’s build-to-rent assets as one investor tries to rally opposition to the move. “It is crucial that we avoid any 'fire sale' of our valuable assets, particularly in the current market where conditions for obtaining fair valuations are increasingly challenging,” Du Val Build To Rent (BTR) limited partner Paul Bary said.Whose interests? Bary is also the uncle of Du Val co-founder Charlotte Clarke but insists he is only acting to protect his inve...

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