Investor demand for Australia housing down
New mortgages to Australian landlords dropped the most in three years in February, signalling an easing in the speculator demand for housing that had concerned the Reserve Bank of Australia.
New mortgages to Australian landlords dropped the most in three years in February, signalling an easing in the speculator demand for housing that had concerned the Reserve Bank of Australia.
Sales prices increased almost 4 per cent since February, taking the average price of a residence in Auckland to an all-time high of $776,729.
A property developer's family trust that bought 9000sq m of land in an exclusive Queenstown subdivision must repay $740,000 to liquidators after losing a High Court fight that involved fraudulent....
Former high-flying multibillion-dollar developer Nigel McKenna is working on Auckland's big state house overhaul.
Former Blue Chip boss Mark Bryers returns to the witness box today as the High Court continues its look at his application for discharge from bankruptcy.
Former Blue Chip boss Mark Bryers is seeking discharge from his bankruptcy in the High Court at Auckland today.
Irving Kahn, the Manhattan money manager who predicted the 1929 Wall St crash, has died aged 109.
Chinese interests snap up two islands linked to the mainland for $41.5m. They plan to use them for a $130.6m six-star luxury resort and native reserve.
Parents could save hundreds of thousands of dollars by skipping houses in elite school zones and paying to privately educate their kids elsewhere instead.
The New Zealand Superannuation Fund says it remains comfortable with its investment in the US oil and gas industry.
A rare big block of Bay of Plenty development land in Ohauti, about 10 minutes' drive south of the Tauranga CBD, is to be auctioned next month.
Multimillionaire property investor Peter Cooper helped build the country's most important new heritage structure which opens tomorrow in the Bay of Islands.
Property developers and investors have enjoyed an outstanding year but Kiwi Income Property Trust chief executive Chris Gudgeon could be the star of the bunch.
Pre-sales of the first of 500 to 600 new Wynyard Quarter apartments start in February and the first show-home is being built.
A surge in Chinese investment in New Zealand residential real estate is something the Government needs to consider, but at the moment is not a significant issue says John Key.
Oceania Healthcare is on track for an initial public offering in early 2015, aged-care operator's chief executive, Earl Gasparich, says he's also in talks with private investors and funds.
West Auckland is about to get a huge boost, after a big landlord this morning announced a $36 million expansion and upgrade of New Lynn's LynnMall shopping centre.
Two of New Zealand’s biggest commercial and industrial landlords have this morning reported half-year results down on last year.
A 157 per cent Auckland Council rates rise and a 140 per cent operating costs increase have been blamed for the axing of guaranteed rental returns on a city apartment block.
Alan Wallace is an accidental property investor, signing a deal to sell a 16ha East Tamaki site for more than $40m after paying $630,000 for the real estate 21 years ago.
Watercare Services has hit back at a developer who accused it of charging too much for Auckland residential subdivisions.
Shane McKillen has resigned from the board of Veritas Investments to focus on other business commitments.
Billionaire Graeme Hart's Rank Group has hired three banks to run separate sales in his global packaging empire in what could generate some US$9b
New Zealand's richest man has splashed out on a second luxury yacht - this one worth up to an estimated $78 million.
A specialist apartment real estate agency boss is starting up a new business to encourage people to become landlords by finding, buying and managing Auckland residential properties.
The new-found wealth of entrepreneur Kim Dotcom came in part from an immigrant who has had at least $15m in assets seized in a money-laundering inquiry.
Authorities are giving up the fight to put former property developer Jamie Peters back into bankruptcy and will withdraw their case against him from the Court of Appeal.