Property

Bayleys Waikato asked to explain

Bayleys Realty Group managing director Jeff Davidson said the Hamilton office was in breach of its franchise agreement and he had not seen the now-banned offer document before it was issued to the public.

Tuesday, March 23rd 2004

He said Bayleys' chairman John Bayley would meet him and Bayleys Waikato managing director Mark Winter on Monday to discuss the situation. Mr Winter is also the Real Estate Institute's Waikato president.

The commission this week banned an offer from Bayleys Waikato, through its company Regional Realty, for James Smith's car park building in Wellington.

"The offer documents for the scheme did not comply with the law and were likely to mislead investors," Securities Commission chairman Jane Diplock said. She ordered that $13 million be handed back to investors.

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Property investors refocus on cash flow

Unity First Home Buyer special	3.99
SBS FirstHome Combo	3.99
ICBC	4.25
TSB Special	4.39
Co-operative Bank - First Home Special	4.39
SBS Bank Special	4.49
Unity Special	4.49
ANZ Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49
Co-operative Bank - Owner Occ	4.49

Kainga Ora	4.49
ICBC	4.59
Nelson Building Society	4.67
Unity Special	4.69
ANZ Special	4.69
BNZ - Std	4.69
Wairarapa Building Society	4.79
Westpac Special	4.89
SBS Bank Special	4.89
Kiwibank Special	4.89
Co-operative Bank - Owner Occ	4.89

ICBC	4.99
Kainga Ora	5.15
Westpac Special	5.49
ASB Bank	5.69
TSB Special	5.69
BNZ - Std	5.69
SBS Bank Special	5.69
Co-operative Bank - Owner Occ	5.69
AIA - Go Home Loans	5.69
Kiwibank Special	5.79
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.65
Kainga Ora	5.69

Property

Bayleys Waikato asked to explain

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