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	3.95
SBS FirstHome Combo	4.19
ICBC	4.49
Kiwibank Special	4.49
Co-operative Bank - First Home Special	4.55
TSB Special	4.59
Kainga Ora	4.59
Unity Special	4.59
BNZ - Std	4.65
Co-operative Bank - Owner Occ	4.65
ASB Bank	4.65

Kiwibank Special	4.89
ICBC	4.89
Kainga Ora	4.95
China Construction Bank	4.95
Unity Special	5.09
Nelson Building Society	5.09
Westpac Special	5.19
TSB Special	5.19
SBS Bank Special	5.19
BNZ - Std	5.19
ASB Bank	5.25

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
TSB Special	5.79
BNZ - Std	5.79
SBS Bank Special	5.79
Kiwibank Special	5.79
Co-operative Bank - Owner Occ	5.89
ASB Bank	5.89
AIA - Go Home Loans	5.89
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 Special	5.65
Kiwibank	5.65

Property

Bayleys Waikato asked to explain

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