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

October deadline for Maat capital raise

Latest filing shows property syndicate needs urgent $8.4m after missing bank payment demands in June and August.

The syndicate owns buildings at 2-4 Fred Thomas Drive in Takapuna, Auckland.

Tim Hunter Wed, 30 Aug 2023

Another Maat property syndicate is requiring an urgent capital raise after the sale of its property failed to complete and debt covenants were breached.

Fred Thomas Property Investment, the last of 11 Maat syndicates to file accounts for the year to March, disclosed it had missed two subsequent

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
Tim Hunter Wed, 30 Aug 2023
Contact the Writer: thunter@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.
October deadline for Maat capital raise
Property,
100634
true