Tony Gapes' entities in liquidation, owing more than $10m

Tony Gapes' entities in liquidation, owing more than $10m
Tony Gapes (Image: supplied)
Riley Kennedy
Three of property developer Tony Gapes’ entities have been put in the hands of a liquidator after an Australian architecture firm managed to tip them over after a year-long legal fight.Gerry Rae Partners’ Simon Dalton was appointed to Gorge H Development, Stoke Group and East Link by the high court at Auckland last month following an application by Buchan Group.The battleThe firm issued statutory demands to each of the entities in May last year. However, after they expired unremedied, and no application was made to set them aside, B...

More Property

Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Gregor Thompson 22 Nov 2024
Paul Bary lobbies minister over Du Val BTR
Property

Paul Bary lobbies minister over Du Val BTR

Du Val Build To Rent assets could be sold early next year; investor Paul Bary unhappy.

Receivers ask Du Val founders: ‘Where are the assets?’
Property

Receivers ask Du Val founders: ‘Where are the assets?’

Du Val receivers say they have evidence of other assets they want information on.

Maria Slade 21 Nov 2024
Reasonable progress or pass the parcel?
Property

Reasonable progress or pass the parcel?

Opinions split over whether buildings are being earthquake-strengthened fast enough.