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In relation to the Sunnyvale and Edmonton developments and the Mangere apartment complex, we have worked constructively with the secured lenders in our role as Statutory Managers to explore options for these development sites and have agreed that proceeding with a sale process is the appropriate step at this time.
John Fisk, Stephen White and Lara Bennett of PwC New Zealand were appointed as receivers and managers of entities associated with the Du Val property development group (“Du Val”) on 2 August 2024.
PwC New Zealand Partner Karen Shires has been elected as Chair of the New Zealand firm, effective 1 October 2024.
PwC New Zealand is pleased to announce the successful transfer of ownership between shareholders of fuel distributor NPD (www.npd.co.nz). This will ensure that NPD continues to be New Zealand-owned and operated.