COMMENBT: Fu Wah International, which already has plans to build two hotels in Auckland, wants to take a stake in a Kiwi retirement village operator.

Maori Development Minister Te Ururoa Flavell has secured $17.8 million to get a new Maori land service up and running.

A shift in the country's fourth-biggest listed property investor's portfolio helped lift rental income.

A new 200-berth Waiheke Island marina and floating carpark are proposed at Kennedy Point, where a developer says no dredging or reclamation is needed.

German drug and chemicals company Bayer AG announced Monday that it has made a $62 billion offer to buy US-based crops and seeds specialist Monsanto.

Bayer offered $62 billion to buy Monsanto, deepening investor concern that it will strain its finances.

Many of Auckland's legal fraternity are making moves - out of their traditional locations and out of their offices, reports Anne Gibson.

The company behind the Park Hyatt project is set to purchase a nearby site, investing more than $300 million.

Portfolio gain, rental income growth delivers record full-year profit for Kiwi Property.

Kiwi Property will buy 50pc of The Base after Waikato-Tainui turned down a proposal to buy all of the Hamilton shopping centre.

It tops Toronto, Sydney and San Francisco for houses that cost well over $1 million.