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Latest fromCommercial Property
Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.
Clarkes must front up to interview with PwC: High Court
Clarkes have so far refused to be interviewed by the receivers of many Du Val entities.
‘Such big development potential’ - why Queenstown place went for $45.5m
'The price was big because the sale included so much flat land.' - local investor
Property Insider: Spooked by agency closures; developer retrenching; residents begin Amaia shift
People are alarmed by the JLL closures, asking what that says about the successful agency.
Woolworths wins consent for giant $213m land deal in Christchurch
Overseas Investment Office approval comes day after Govt announces supermarket crack-down.
Not so clever: Fletcher Building’s prefab house-building factory to shut
The $15m factory, which has 35 workers, will close by June 30.
$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.
Builders of Auckland’s abandoned 57-level Seascape tower win $33m claim
Judge: 'I order Shundi to pay the sum in the statutory demand within five working days.'
Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report
Woolworths property sales, Karangahape Rd plans; $1.1b Canadian moves: Property Insider
Woolworths stores in Te Atatū, Westgate and Mt Roskill have all sold recently.
'Slow but complete breakdown': $9.8m real estate agency fight; Cooper company wins big award
Case revolved around protracted dispute between parties over branch established at Albany.
High-rise horror: Owners of wrecked upmarket apartments to walk away
'This really was a situation where the owners are salvaging what they could.'
The thrill of a luge ride: Skyline expanding in six countries
From its first gondola in Queenstown in 1967, Skyline is now a global luge business.
Developer taking $100m Karangahape Rd building plans to Environment Court
Developer hopes the court may hear case this winter and overturn the original decision.
Chris Bishop v Auckland Council commissioners on K Rd rejection: ‘Insanity ... total nonsense’
The plans failed to meet tests under the RMA, the commissioners' report said.
Wynyard Quarter transformation from Flowers Building to Generator Pipiri Lane
Mass timber structure design was picked for its contribution to sustainable development.
Ngāti Tūwharetoa and Taupō District Council move in together
The entities are now under the same roof in He Whare Hono ō Tūwharetoa.
Watch - 1400 staff moved into new $300m Beca House
Beca CEO Amelia Linzey tells of the benefits of moving into new headquarters and Precinct Properties' CEO Scott Pritchard on the company building the new Wynyard Quayside.
Watch: Inside Beca’s new $300m global HQ in the Wynyard Quarter
Around 1400 staff left Pitt St for the waterfront Wynyard Quarter and five new levels.
Property Insider: $7 billion Asia-Pacific fund hunts in NZ
Data centres, warehouses, offices, properties under mortgagee sale: asset classes named.
Construction sector likely to pick up, but not immediately
The construction sector had a tough end to 2024, so when might things improve?
F&P Healthcare starts vast new $250m building
Earthworks have been largely completed and construction will start later this month.
NZ’s biggest hotel deal: Precinct selling InterContinental Auckland to Singaporeans
Precinct bought the building in 2012 then undertook a massive $310m renovation of it.
Bayswater Marina wants 156-boat drystack plans non-notified
Auckland Council is yet to decide if plans for the new building should be notified.
Property Insider: Agents react to whopper $26m Herne Bay purchase
'A good sale for the market' - Sotheby’s Mark Harris after his agents sold the two homes.
Landlord with quarter-kilometre downtown tower plans pushes up profit
New leases in 1HY25 were 22.8% above previous contract rents, company said.
Sold to PAG: New Wynyard Quarter offices, no sale price declared
New Wynyard Quarter building is nearing completion, sold well before One NZ shifts in.