Liquidators named

Liquidators have been appointed to two Harcourts' companies that sold and managed properties in Auckland. On Friday, creditors appointed Mike Lamacraft of Meltzer Mason as liquidator of Preet & Co Real Estate and Preet & Co Rentals. Former Harcourts high-flyer Gurpreet Grewal is the sole director of both companies. Creditors are expected to be out of pocket by $6.9m.