Greg Olliver's Kāpiti properties sold for $15.5m

Greg Olliver. (Image: NZME)

Tue, 19 Sep 2023

Receivers have sold two property assets in Greg Olliver’s failed property empire – landholdings on the Kāpiti Coast – for a combined $15.5 million.The former high-flying Auckland developer bought the sprawling 28-hectare (ha) adjacent Paraparaumu properties at 77 and 109 Kāpiti Rd alongside the Wellington northern corridor highway for $21.6m in October 2010. The landholdings were held in Olliver's St Heliers Capital and Olliver Trustee entities.The receivers, PwC’s John Fisk and Richard Nacey, appointed by the B...

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