Union Green developer liquidated owing $17m

Union Green developer liquidated owing $17m
Towering troubles, the now occupied Union Green. (Image: Supplied)
Brent Melville
A ruling by the building disputes tribunal has plunged the original developer of Union Green apartments, West Village Capital Partners, into liquidation owing more than $17 million.The first report into West Village by liquidator Grant Reynolds of Reynold and Associates said the development firm went into liquidation on Sept 14 with claims of more than $17m against it.The biggest chunk of this is supplier claims of $12.56m, most of which was adjudicated in favour of Dominion Constructors. Dominion, which also built the upmarket The Interna...

More Property

Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

F&P Healthcare one step closer to new Karaka campus
Policy

F&P Healthcare one step closer to new Karaka campus

Auckland Council has approved a request to rezone nearly 90ha going to hearings.

Oliver Lewis 12 Sep 2025
Average home insurance tops $2,000
Infrastructure Risky Business

Average home insurance tops $2,000

Insurance premiums in New Zealand have increased dramatically in recent years.

Michael Neilson 11 Sep 2025
IRD property sector blitz finds $228m in unpaid tax
Property

IRD property sector blitz finds $228m in unpaid tax

IRD uncovered $75m from undeclared income tax and GST from property.

Garth Bray 10 Sep 2025