Liquidators flag ‘serious problems’ with developer that borrowed from Graeme Hart

Liquidators flag ‘serious problems’ with developer that borrowed from Graeme Hart
David Williams and his wife, Fiona Williams. (Image: Norrie Montgomery)
Gregor Thompson
The liquidators of a defunct property business, which lists rich-lister Graeme Hart as a creditor, have reported potential misconduct to the Registrar of Companies. On March 12, residential developer Buildform was placed into liquidation by its sole director and shareholder, David Paul Williams.In their sixth monthly liquidator report, Andrew McKay and Rees Logan of BDO said their investigations into matters before liquidation had “identified issues”.They said they had reported those issues to the Registrar of Companies &l...

More Property

RBNZ paying for unused floor space at new office
Property

RBNZ paying for unused floor space at new office

The Reserve Bank of NZ's plush new Britomart office will be only partially occupied. 

Andy Macdonald 29 Oct 2025
Labour unveils targeted capital gains tax policy
Property

Labour unveils targeted capital gains tax policy

The tax would apply only to profits from selling residential or commercial property.

Staff reporters 28 Oct 2025
Fletcher Building MD: ‘It hurts to make these cuts’
Property

Fletcher Building MD: ‘It hurts to make these cuts’

An emotional Andrew Reding says staff understand why the firm has to cut back.

Fletcher Building puts ‘noise’ in the past
Property

Fletcher Building puts ‘noise’ in the past

New directors say shareholders are right to expect more, and they intend to deliver.