In this episode, we discuss whether Du Val – an Auckland-based property developer – will go broke in the near future.
We detail the warnings the Financial Markets Authority has sounded about the developer's mortgage funds. We also discuss the recent news that a Du Val-related entity has gone into a court-ordered liquidation.
Finally we discuss how long their properties are taking to be built, and how that could impact the cash flow for the business.
We also mention our:
The Property Academy Podcast