Foreign investors who wanted deposits back now have to pay extra.
Victoria Young for NBR NZ Property Investor Tue, 17 Feb 2015
More than 100 foreign investors who sank almost $10 million into the ambitious Kawarau Falls Station resort development will not get their deposits back, a judge has ruled.
The uncompleted development – originally promoted by developer Nigel McKenna – garnered attention late last year when the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).