Latest from Investment Companies

Du Val Group in receivership: Why the FMA and police swooped, and what next?

One increasingly worried subcontractor complained of being owed around $500,000.

Auckland property developer placed into interim receivership, police at property

Around 120 investors put money into Du Val entities.

$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal off

Skyscraper deal gets flushed after Hong Kong suitors don't progress.

Five-day SkyCity casino closure dates out

Five days in a row and weekdays were always anticipated. No weekend shutdown.

Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'

'The fixed fee has hurt us. No one expected rates to go up 15% per annum."

'The idea was to design an artificial sky' - architect Gordon Moller on new SkyCity hotel

New hotel opens today, offering 303 rooms and with an initial 65 staff.

Heart disease killed Queenstown hotel developer Kevin Carlin

Police confirmed there were no suspicious circumstances. No official inquiry is necessary.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred

'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'

First liquidator's report out on Actura NZ: debts of $3.6m listed

Director blamed the pandemic as well as a failure to secure urgent funding to keep going.

'No card, no play': SkyCity to bring new cards to NZ, Adelaide next year

Casino cards are on the way - but how might they work to stop problem gamblers?

Property Insider: New SkyCity CEO starts; NZ’s highest outdoor office garden

Michael Ahearne has gone. Now ex-army officer Jason Walbridge has returned from Las Vegas.

Why giant American investor wants to take over Arvida Group for $2b

Sector penalised by rapid increases in interest rates in the past 12 to 18 months - Solly.

Arvida shareholders offered 65% premium on shares in takeover offer

Board unanimously recommends New York-based outfit's takeover bid.

'Not his fault' - support group on SkyCity gambler who lost $1m

'Gambling products are harmful and gambling operators have a duty of care.'

'Pay up': Council demands $200k from Gulf Harbour Country Club owner for fire costs

Council boss also reveals no applications have been received from the owner for changes.

'Back off Arvida' - union protest against cuts at village owned by $4.2b retirement giant

'Won’t be able to care for all of them because there won’t be enough time.'