Keep up with
Newstalk ZB

Sun, 26 May 2013, 13:26

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Assurance Canterbury development still going ahead

Share |

Assurance Canterbury development still going ahead

By: Newstalk ZB staff | Latest Christchurch News | Friday August 17 2012 21:46

 

There's an assurance the future of a large scale North Canterbury residential development isn't under threat, despite being placed in receivership.

Pegasus Town Limited's failed to secure a backer for an outstanding loan of $55 million.

Infinity Investment Group chief executive Bob Robertson says they were close to securing a deal with a main bank and a large New Zealand corporate.

"Receivership does affect these things and both parties have said to us look we're still progressing this and it may get over the line next week."

Photo: NZ Herald

 

Related Subjects

Pegasus Town Limited |

 

Latest Christchurch News

Advertisement
Mike Hosking Breakfast
Advertisement

  • Police examining scene of dragging

  • Football: Robben stars in Bayern Munich win

  • Snow for deep south today

  • Kiwis want to leave their jobs

  • Change needed in disability sector

  • Chinese community responds to Peters' comments

  • Waikato surgeons pioneer heart technique

  • Police investigate alleged assault and kidnap in S ...

Latest Newstalk ZB Video

  • Maggie Kirkpatrick: Wicked

  • Megan Singleton: US travel tip ...

  • Dan Wootton: Tigers and Terror

  • Song of the Week: Everest

  • Friday-Bashing Banks

  • Wednesday-Twister

  • Tuesday-Things People Do Not W ...

  • Friday-Budget Passion

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results

Advertisement

  • Advertise With Us
  • Paper Plus
  • Awesome Service
  • ZB App ad
  • Radius Care
  • Roger Advice