2023-04-26 04:31
Du Val Lakewood Plaza entity owes $10m
The general partner of the project has no assets, liquidators say. The Lakewood Plaza was completed in 2020 Lakewood General Partner, a company associated with the troubled Lakewood Plaza apartment tower in Manukau, owes $10.2 million, the first liquidators' report said. The 151-apartment Lakewood Plaza was a joint venture between property group Du Val and Downey Construction, which have been embroiled Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/business/du-val-lakewood-plaza-entity-owes-10m/

#nbr