Latest from Commercial Property

$80m office tower for Sylvia Park

Kiwi Property Group plans to build an $80m office tower as part of a broader development of the Sylvia Park retail centre.

Four Ds drive growing storage sector

Four Ds - density, dislocation, divorce and death - are the key drivers behind the success of the self-storage sector in New Zealand

Airpoints Dollars for commercial lessees

In a first for the commercial property sector, small to medium-sized businesses taking out leases on commercial and industrial premises

Johannesburg's 'shanty town in the sky'

Once boasting a 14-story high pile of rubbish, this apartment tower made the journey from menacing to desirable.

Southpark's big industrial project programme

Southpark Corporation is developing $98 million of commercial property with a further 50,000 square metres of industrial buildings

Camp Catering business is like 'taking a holiday'

An Auckland business that specialises in easing the strain for parents, teachers and company organisers by providing a catering service

Auckland's lowest retail vacancy rates on the Shore

The North Shore's retail vacancy rates are the lowest in the Auckland region and retailers are having to adapt to compete with new

RECENT DEALS for August 13

Big syndication success The largest syndication to be undertaken by Augusta Funds Management, offering $70m of equity in a new office

Three's company in this Ellerslie sale

The sale of three interlocking buildings with a total net lettable area of 5131 square metres on an Auckland arterial route in Ellerslie

Rotorua's Motion Entertainment set to be tourist magnet

Motion Entertainment is set to open its doors in Rotorua this November with the facility being promoted as offering New Zealand's

Eden Terrace property has potential for transformation

An office building with the potential for refurbishment or to be transformed into a residential development is for sale in the high

Queenstown's new retail centre leased up fast

Eighteen months after the first tenants opened their doors, Queenstown's The Landing shopping and commercial centre is now fully leased

One, two or three North Shore commercial units

Three commercial units leased to two automotive businesses and a kitchen company are for sale in Archers Road, Wairau Valley, on Auckland's

Is this NZ's most expensive hotel?

A new development joined to a historic hotel is set to become NZ's most expensive new hotel room rate at $10k a night.

Rent free office space being offered in Christchurch

Commercial leasing agencies are seeing more incentives creeping into the market to bring tenants back into the central city.

Matua winery among nearly $50m of sales

The sale of the Matua winery in Waimauku, along with the Emerald and Quest Hotels in Gisborne and New Plymouth; and a number of motels

Vacant Auckland offices at record low

Auckland office space vacancy rates are at record lows but major development work will push them up in the next few years, says an expert.

North Shore Korean restaurant unit for auction

A North Shore commercial property occupied by a well-known Korean restaurant in Wairau Park, Glenfield, is due to go under the hammer