Flight of the receivers: Black Robin’s assets under scrutiny

Flight of the receivers: Black Robin’s assets under scrutiny
A completed McKenzie Shutes villa. (Image: Catalist)
Dileepa Fonseka
A Black Robin entity is in receivership but the receivers are not revealing what they plan to do with the entity’s assets.An entity called 3370GNR has been put into receivership by Strategic Property Initiatives with Damien Grant and Adam Botterill of Waterstone Insolvency appointed receivers.The Black Robin company, 3370GNR, is wholly owned by Black Robin Property.Waterstone has been granted control over a set of shares used as security on agreements 3370GNR entered into in October 2022 and March of this year.The shares Waterstone has co...

More Property

Southbase Construction targets North Island growth
Infrastructure

Southbase Construction targets North Island growth

Set up after the quakes, the Christchurch firm is rapidly scaling up in the North Island.

Oliver Lewis 04 Apr 2025
‘Cowboys’ the reason for building consent delays
Property

‘Cowboys’ the reason for building consent delays

Building inspectors hit back at Minister Penk’s claims they are holding up consents.

Maria Slade 03 Apr 2025
Fletcher Building’s Clever Core prefab house-building factory to shut
Property

Fletcher Building’s Clever Core prefab house-building factory to shut

Fletcher Building’s much-vaunted Clever Core prefab house-building factory at Wiri in South Auckland will close next year and be replaced by a PlaceMakers frame and truss plant.A spokeswoman said Clever Core had not worked out and would close by June 30.“Fletcher Building has mad...

Staff reporters 31 Mar 2025
Graeme Hart lends to twice-bankrupted builder
Property

Graeme Hart lends to twice-bankrupted builder

The owner of failed developer Buildform is a Hart family friend.

Maria Slade 31 Mar 2025