Residents in Auckland five-star tower Metropolis are paying $3.25 million in annual body corporate fees but a further $4 million is needed from them for a big repair job.

Owners of apartments in Auckland's five-star Metropolis tower are pitted against one another in battles which have ranged from cat-keeping to who sits on the body corporate.

A resident of New Zealand's tallest apartment tower has lost a bid to injunct body corporate members.

Against a backdrop of rising share prices and a booming Auckland housing market, investor confidence reached its highest level.

Residential rents could rise and historic buildings might be abandoned, say property chiefs who have mixed feelings about real estate changes in the Budget.

Fourteen apartments, starting from $1.25 million, will be built on the Ponsonby Bowling Club site in Herne Bay in Auckland.

A Property For Industry investor is waiting for more information on a proposal to almost double the size of the $382.2 million NZX-listed business.

The steady recovery in the commercial and industrial markets of 2012 is expected to increase momentum through 2013, says Bayleys research manager Gerald Rundle.

The voluntary administrators of a beleaguered Australian firm, which froze more than $100 million of Kiwi investments, have softened a statement regarding meeting creditor and investor obligations.

Developers of two huge residential schemes knocked back by authorities in Auckland last week are vowing to fight for their right to build and are heading to the Environment Court.

Rental property is back on top as the most popular place for people to invest their money despite a stellar run from the New Zealand sharemarket last year.

SkyCity Entertainment Group was trading near an annual high yesterday, even before its lucrative convention centre deal clearance.

Self-described business coach Shane Wenzel has been sent to jail for three years for mortgage fraud.

If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.

Thinking of using KiwiSaver's first-home subsidy for an investment property?