"There still remains a significant project shortfall" - RelianzFunding issues have hit yet another big Auckland apartment project, the inner-city's planned St James Suites beside the historic Queen St theatre. "Relianz is facing significant issues obtaining and implementing satisfactory finance to allow the St James Suites project to continue to progress. Watch: inside the historic St James theatre with Steve BielbyContinued below. However, despite Relianz's best efforts, there still remains a significant project shortfall. Read: Letter sent to St James Suites apartment buyers- NZ Herald

Source: New Zealand Herald November 15, 2016 19:28 UTC