New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
A group of Blue Chip investors have won the right to void contracts forcing them to buy apartments. Five Supreme Court justices, led by Chief Justice Sian Elias, have ruled Blue Chip was effectively selling the investors debt securities without producing a prospectus or appointing a trustee, both of which are illegal under the Securities Act 1978.
Blue Chip liquidators have gone to court claiming more than $40 million from former directors and auditors of the failed property investment scheme.
ANZ Bank and PropertyIQ have been trialing a valuation clearing house system aimed at eliminating fraudulent valuations.
The Serious Fraud Office is to investigate allegations against an employee of the failed property investment group, Blue Chip, for alleged misinformation to investors and altering loan documents to induce financiers to lend.
After a tumultuous few years, the Auckland central business district apartment market is finally regaining lost ground. Vicki Holder explores the concrete jungle for investment potential.
Accountants throughout the country are offering an hour's free time to help struggling Blue Chip investors, the NZ Herald reported on Wednesday
The Commerce Commission is investigating several alleged breaches of the Fair Trading Act by Blue Chip which may have broken a string of laws.
Urgent notices are being issued to investors who bought properties from real estate businesses associated with Blue Chip telling them to terminate their lease deals
Investors in hard-sell property investment company Blue Chip Financial Solutions Ltd may be wondering if they made the right investment decision.
Diana Clement looks at the dream offered by some of the companies selling one-stop-shop packaged property investments.