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Du Val threatens its own investors with legal action

Company resorts to legal action to plug media leaks, as the beleaguered construction and property investment group faces increasing financial pressure.

Du Val BTR fund’s McKenzie Studio Apartments.

Du Val says it will take legal action against several of its investors as it tries to deflect its failure to secure a new main lender for one of its two property funds.

The Auckland construction company’s fund managers are understood to be blaming talkative, but clearly disgruntled, wholesale

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Brent Melville Fri, 21 Jun 2024
Contact the Writer: bmelville@nbr.co.nz
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Du Val threatens its own investors with legal action
Property,
104588
true