InvestmentBought for $630k - sold for over $40mAlan 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.20 Oct 04:00 PM
InvestmentWatercare defends development feesWatercare Services has hit back at a developer who accused it of charging too much for Auckland residential subdivisions.29 Sep 04:00 PM
BDBDInvestmentVnC Cocktails founder Shane McKillen quits Veritas boardShane McKillen has resigned from the board of Veritas Investments to focus on other business commitments.16 Sep 02:20 AM
BDBDInvestmentHart's Rank Group hires banks to run salesBillionaire Graeme Hart's Rank Group has hired three banks to run separate sales in his global packaging empire in what could generate some US$9b08 Sep 10:10 PM
InvestmentGraeme Hart's new $78m yachtNew Zealand's richest man has splashed out on a second luxury yacht - this one worth up to an estimated $78 million.03 Sep 04:12 AM
InvestmentInvestment project to create landlordsA 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.27 Aug 05:00 PM
InvestmentDotcom dosh linked to immigrantThe 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.25 Aug 08:00 PM
InvestmentAssignee drops Peters bankruptcy bidAuthorities 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.21 Aug 05:00 PM
OpinionBruce: Property investment is not easyHomeowners are often portrayed as millionaires-in-waiting, but investing in property is not easy, writes Andrew Bruce.20 Aug 09:30 PM
InvestmentIwi arm pays well over CV for blockNgati Whatua Orakei Whai Rawa has paid slightly under $70 million for a new Auckland office block with a council valuation of $35.5 million18 Aug 05:00 PM
InvestmentBuyers fork out $65.5m for three towersA 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.12 Aug 05:00 PM
OpinionAndrew Bruce: Property investors are tax disadvantagedAndrew Bruce says property investment is now at a tax disadvantage when compared to other investment classes such as companies.03 Aug 09:30 PM
InvestmentKiwis join $140m Fiji resort planFour New Zealand businessmen have joined Americans to develop Vunabaka, a new $140 million Fiji resort, where the first stage of construction is nearly finished.28 Jul 05:00 PM
OpinionAndrew Bruce: Why are house prices so high?What's behind Auckland's rapidly rising house prices - and should the finger of blame be pointed at investors? Andrew Bruce says 'no'.21 Jul 09:30 PM
Investment$740k scrap heading to courtA 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.14 Jul 08:00 PM
InvestmentFormer rich-lister pleads not guiltyA former rich-lister charged with misleading authorities and concealing property has pleaded not guilty.14 Jul 12:16 AM
Investment'Warrant of fitness' scheme for rentals winning wide support from politiciansA "warrant of fitness" scheme for all rental housing may be on the agenda whoever wins the election in September, a new survey has found.07 Jul 05:00 PM
InvestmentTax warning for new landlordsFirst time landlords are being warned to check how much tax they may need to pay on rental incomes ahead of the July 7 deadline.04 Jun 01:00 AM
InvestmentLabour's plans for $10m-for-residency schemeLabour is looking "very closely" at changing the rules for foreign investors who can get residency in New Zealand by paying $10 million.02 Jun 05:00 PM
OpinionBrian GaynorBrian Gaynor: Possible surge in stock listings good newsThere have been a number of recent comments that the NZ sharemarket is overvalued, just as it was in the mid-1980s, writes Brian Gaynor.23 May 09:22 PM
InvestmentGiant landlord gets a tick from investorsInstitutional investors are praising the annual result of Kiwi Income Property Trust, saying it reflects the management shakeup which saw the exit of Commonwealth Bank of Australia.20 May 05:30 PM
InvestmentMortgage trust wins $3.1m caseAn Auckland mortgage trust has won a $3.1 million High Court claim against a company part-owned by a bankrupt property developer.05 May 05:00 PM
InvestmentEx rich-lister developer back in courtA former rich-lister recently discharged from bankruptcy is heading back to court, facing charges including misleading authorities and concealing property.05 May 05:00 PM
OpinionDiana ClementDiana Clement: Landlords' gripes reveal perils of propertyDealing with tenants is one of the biggest banes of many landlords' lives. Many break the rules, break things, or call in the middle of the night complaining about plumbing or rats in the roof.02 May 05:00 PM
InvestmentAuckland rental prices steadyThe figures for Auckland rental properties are out. So where are the most expensive places to rent in the city - and where can you get a bargain?15 Apr 09:45 PM
BDBDInvestmentHellaby adds $20m in annual sales with acquisitionsHellaby Holdings expects to add $20m to annual revenue after buying New Zealand Trucks South Island and Dasko Marketing NZ.14 Apr 03:16 AM