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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
2 mins to read

Auckland property developer goes bust, blames private lender

Armstrong Construction says it failed after its lenders withdrew financial support.

Armstrong founder and loan officer Anson Gao.

An Auckland-based property developer has pointed the finger at the private lending market for the company’s failure.

Armstrong Construction Corporation, formerly known as Grand Treasure Investment Limited, has gone into liquidation.

Liquidators Larissa Logan and Rhys Cain from EY were appointed by

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Nicholas Pointon Tue, 18 Oct 2022
Contact the Writer: nicholas@nbr.co.nz
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Auckland property developer goes bust, blames private lender
Property,
96204
true