Shell shocked Du Val investors ponder options

Shell shocked Du Val investors ponder options
McKenzie Road apartments, part of the BTR portfolio. (Image: DVPM)
Brent Melville
A group of concerned investors is seeking legal advice on the potential for a civil action against Du Val Group after payments from the property developers’ build-to-rent fund were suspended.There are about 20 investors in the $34 million fund. They’ve been left in a similar boat to those who invested in the Du Val Capital Partners’ mortgage fund, who've had funds locked up under the Du Val Capital Partners 'liquidity events' payout clause since last October.Both funds are now closed to further investment.In July 2...

More Property

Quake-prone buildings regulatory shake-up to net $8.2b savings
Infrastructure

Quake-prone buildings regulatory shake-up to net $8.2b savings

Tweaks to quake-prone building rules to give fairer, risk-based system and drive savings.

Staff reporters 29 Sep 2025
Council eyes single buyer for Maungawhau Station super-site
Policy

Council eyes single buyer for Maungawhau Station super-site

The redevelopment site will probably be the biggest in NZ, Wayne Brown said.

Oliver Lewis 26 Sep 2025
Film stars linked to multimillion-dollar deal to buy Auckland Film Studios
Property

Film stars linked to multimillion-dollar deal to buy Auckland Film Studios

Several major names are set to acquire the council-owned Auckland Film Studios, in what insiders believe will be a significant boost for the screen production industry, helping to lure even more major movies to New Zealand.An A-list Kiwi-Hollywood consortium headed by one of New...

Staff reporters 25 Sep 2025
New online carbon tool could slash NZ building emissions
Property

New online carbon tool could slash NZ building emissions

Building designers, developers and owners are demanding low-carbon building products.

Greg Hurrell 25 Sep 2025