close
MENU
Hot Topic Infrastructure
Hot Topic Infrastructure
Property
2 mins to read

Du Val chair linked to bid to avoid ‘value destruction’

The chair of the in-receivership Du Val Property Group has been linked to a rescue deal by investment firm Cranleigh, to be bankrolled by Ray White.

John Dalzell.

Du Val Property Group chair John Dalzell is understood to be behind a bid to refinance the $17.4 million debt to China Construction Bank, staving off "wholesale value destruction" of an eventual mortgagee sale.

Dalzell, a former interim chief executive of Auckland’s Panuku Development and director

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).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Melville Thu, 15 Aug 2024
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Du Val chair linked to bid to avoid ‘value destruction’
Property,
105347
true