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The International apartments' creditor claims hit $125m


The International apartments creditor claims hit $125m
14 May, 2021 12:00 AM
5 minutes to read
Gary Groves from the Sanctuary Group is developing the 90-unit project called The International on Princess Street. / Dean Purcell
Gary Groves from the Sanctuary Group is developing the 90-unit project called The International on Princess Street. / Dean Purcell
A new report on the company behind Gary Groves $250 million The International apartment project in Auckland shows total creditor claims are $125.2m although they were much higher until unit sales reduced part of the
debts.
The Herald reported last month how $69m was the possible shortfall but the latest report has much higher sums. ....

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