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

Leaky building lawyers appeal negligence suit
Property

Leaky building lawyers appeal negligence suit

The litigation funder is in the spotlight.

Victoria Young 17 May 2024
Kiwi Property to sell Auckland's Vero Centre
Property

Kiwi Property to sell Auckland's Vero Centre

Hong Kong conglomerate to pick up tower for 2% below valuation. 

Staff reporters 16 May 2024
Inflation outpaces Auckland housing
Economy

Inflation outpaces Auckland housing

Prices trail inflation, especially in Auckland, while listings soar in Wellington.

Dileepa Fonseka 14 May 2024