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Du Val wants $17.5m for Auckland build-to-rent purchases, forecasts 8% plus annual returns 26 Jan, 2021 04:00 PM 5 minutes to read Property specialist Du Val is seeking $17.5 million from qualified wholesale investors in New Zealand, Hong Kong and Singapore to buy two Auckland residential complexes it owns to establish build-to-rent offerings. According to an information memorandum, the Du Val Build-to-Rent Fund LP is forecasting returns of more than 8 per cent annually. The offer closes on January 31. Du Val says it has a $750m pipeline of new work and cites CBRE research l...