Failure of Auckland’s eco-friendly builder Evergreen Modular: 94 unsecured creditors lost 95.2c in every $1 owed

Property Editor·NZ Herald·26 Oct, 2026 10:12 PM4 mins to read‌The first apartment block, with modules based on a system used in Sweden, at 159 Hendon Ave on the Richardson Rd corner, Mt Albert. Photo / Dave RossUnsecured creditors of a failed Auckland modular home builder have been left nursing losses of 95.2%.Evergreen Modular owed $8.7 million to 93 unsecured creditors when it was placed in liquidation, although $7.2m of that was an inter-company claim, according to the liquidators’ final report. Grant