Chinese interests gain consent to buy two Auckland islands
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.
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.
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.
Homeowners are often portrayed as millionaires-in-waiting, but investing in property is not easy, writes Andrew Bruce.
Ngati Whatua Orakei Whai Rawa has paid slightly under $70 million for a new Auckland office block with a council valuation of $35.5 million
A wealthy Hong Kong family have bought three office towers in Auckland's CBD for $65.5 million in one of the biggest property deals of the year.
Andrew Bruce says property investment is now at a tax disadvantage when compared to other investment classes such as companies.
Four New Zealand businessmen have joined Americans to develop Vunabaka, a new $140 million Fiji resort, where the first stage of construction is nearly finished.
What's behind Auckland's rapidly rising house prices - and should the finger of blame be pointed at investors? Andrew Bruce says 'no'.
A judge has refused to place a court order over a 9000sq m property in a picturesque Queenstown settlement as a liquidator chases $740k used to buy the land.
A former rich-lister charged with misleading authorities and concealing property has pleaded not guilty.