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More than $50m owed on failed forestry venture

Chris Hutching for NBR NZ Property Investor
Thu, 11 Sep 2014

The receiver of the Southern Cross Forest Products group of companies is seeking a buyer for a 6.5ha industrial property at Mosgiel near Dunedin.

Southern Cross Forest Products collapsed in May to the dismay of local leaders in Otago and more than 100 workers lost their jobs.

The first

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Chris Hutching for NBR NZ Property Investor
Thu, 11 Sep 2014
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More than $50m owed on failed forestry venture
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