SkyCity strikes conditional deal to sell The Grand hotel to overseas buyer
The company expects the money from the 312-room hotel in late 2026. The Grand by SkyCity “The financial…
QSM Davinder Rahal in debt: Two buildings, bankrupt buyer – and ties to former jailed Masala boss
A young couple is also chasing Rahal for almost $1m after winning a court judgment that he deceived…
The National Distillery Co: Napier gin maker owes over $2 million to creditors, possible buyer found
A liquidators’ report released on Wednesday shows the company owes over $2 million to creditors. The report also…
Juken New Zealand to close Northland Mill after buyer search fails
“JNL has made an extensive effort to identify a buyer or alternative pathway that would allow the site…
Overseas buyer snaps up another Hawke’s Bay farm for forestry conversion
Craigmore Sustainables acts on behalf of Kauri Forestry in New Zealand, managing and governing its assets and purchases.…
Court of Appeal upholds $500k award in Auckland leaky home case
The plaintiff, Angelina Vanifatova, purchased the Selwyn St property after making “extensive inquiries” about the state of the…
Crypto scheme to flip Hawke’s Bay olive grove leads to $440k court fines after foreign buyer rule breach
But the method he devised would ultimately land him in court where he and an associate have now…
Australia’s BHP ends standoff with top China iron ore buyer
Commodities Prolonged negotiations highlighted Beijing’s push to cut steelmaking input prices A truck works at a BHP iron ore…
Media Insider: Radio firm MediaWorks’ financial results – back to profit and now looking for a buyer
The post-tax profit of $3.8m was a turnaround of $22m from the $18.2m loss reported in the previous…
Mohamed El-Erian Warns That He Sees Problems Brewing in the Bond Market
Mohamed El-Erian has warned investors of problems in private credit, but he also sees trouble brewing in the…
BHP locked in stiff iron ore price talks with China’s state-owned buyer
Commodities Consolidated procurement and waning demand give Beijing an edge in negotiations Ships wait to be loaded with…
Kaitaia timber mills: Potential buyer emerges to save 200 jobs
“I’m encouraged by the feedback I’ve received from those who are engaged in the negotiations. “It doesn’t guarantee…