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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Investors sign up for Du Val shares

A restructuring of the troubled property developer brings minority shareholders into a new holding company.

Du Val published an information memorandum on the restructure in December.

Tim Hunter Wed, 03 Apr 2024

Shares in a restructured Du Val Property Group have been issued to investors in the property developer’s Mortgage Fund after it ceased distributions last year.

Du Val, which raised money from investors via limited partnerships to finance its developments, published an information memorandum in

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Tim Hunter Wed, 03 Apr 2024
Contact the Writer: thunter@nbr.co.nz
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Investors sign up for Du Val shares
General Business,
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