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Hotchin property deal ‘extremely profitable’, court hears

Third party claim against real estate agent Colliers settled as dispute continues over 2018 transaction.

Mark Hotchin, whose company OHL bought the Kitchener St property.

Tim Hunter Mon, 26 Jun 2023

A dispute over a $3.5 million property deal in 2018 finally began its days in court as former Hanover Finance boss Mark Hotchin claimed losses of $692,000 from alleged breach of sale warranties.

The property at issue involves three commercial units on the ground floor and basement of 2 Kitchener St

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Tim Hunter Mon, 26 Jun 2023
Contact the Writer: thunter@nbr.co.nz
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Hotchin property deal ‘extremely profitable’, court hears
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