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Springpark buyers get $7.3m refund

Receivers of bust development company say it can't complete the Auckland housing project.

Tim Hunter
Wed, 16 Dec 2015

Receivers of the Springpark housing development in Auckland will refund deposits of $7.28 million to homebuyers before Christmas.

Development company Panama Road Developments, 80% owned by Tony Gapes of Redwood Group, went bust on December 4 after it could not pay debt due to Asian financier

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Tim Hunter
Wed, 16 Dec 2015
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Springpark buyers get $7.3m refund
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