You are currently browsing the National Business Review category

Developer Bankruptcies Leave Hole in the Property Sector

March 28, 2011 - 11:42 am

Article by Niko Kloeten
The bankruptcies of several high profile developers will change the way the sector operates in New Zealand, one of the few developers left standing says.
Tim Manning, who is currently involved in a village for over-35s in Avondale, told NBR it would be difficult to replace the experience of bankrupt developers such as [...]

Developer Bankruptcies Leave Hole in the Property Sector - continue reading

Serepisos Swiss Hope Spams High-Profile Developer

March 24, 2011 - 1:32 pm

Terry Serepisos is still hopeful of getting his money from Western Gulf Advisory but a fellow New Zealand developer has stayed well away from the under-fire company’s offers.
Mr Serepisos, who is trying to stave off liquidation proceedings from the IRD, is relying on a promised US$100 million loan from Swiss-backed WGA.
NBR understands he has paid [...]

Serepisos Swiss Hope Spams High-Profile Developer - continue reading

Top