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
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
Co-operative Bank - Owner Occ	4.45
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

TSB Special	4.00
SBS Bank Special	4.49
Kainga Ora	4.49
Kiwibank Special	4.49
Nelson Building Society	4.59
ICBC	4.59
Unity Special	4.65
BNZ - Std	4.69
ANZ Special	4.69
Westpac Special	4.75
ASB Bank	4.75

SBS Bank Special	4.99
ICBC	4.99
Kainga Ora	5.15
Westpac Special	5.29
BNZ - Std	5.29
Kiwibank Special	5.39
TSB Special	5.39
ASB Bank	5.45
AIA - Go Home Loans	5.45
Co-operative Bank - Owner Occ	5.49
SBS Bank	5.59

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
ANZ	5.69

Property

Bayleys Waikato asked to explain

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