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China Construction Bank comes to the party on Du Val fund

NBR understands the bank will roll over its loan in the Du Val build-to-rent fund, with the proviso that Du Val is no longer involved in any capacity.

Du Val’s brains trust: John Dalzell, Kenyon Clarke and Owen Culliney.

The main lender in the Du Val Group's build-to-rent fund, China Construction Bank, will roll over its $17.4 million loan on the basis that Du Val is no longer involved.

The loan extension, proposed by the limited partners in the Du Val BTR (build-to-rent) entity, is seen as short-term, bridging

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Brent Melville Fri, 06 Sep 2024
Contact the Writer: bmelville@nbr.co.nz
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China Construction Bank comes to the party on Du Val fund
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