Latest from Commercial Property

Crane numbers drop, housing push sets Auckland record

Auckland, Wellington and Christchurch have fewer cranes than in February.

Franchise of British fashion giant fails owing $820,000

Company with brand beloved by royalty got Covid-19 wage subsidy but still struggled.

$400m Auckland retirement chain sale?

The business has run villages for more than 30 years and is locally owned.

Construction's catalogue of tragedy: But is building really the riskiest job?

Construction is relatively safe when fatalities in that sector are compared to others.

Infratil to sell $100m+ slice of Auckland's Wynyard Quarter

Parties are doing due diligence and hopes are high for a year's-end deal.

What Costco needs before it can open its doors

Costco is due to open its doors on September 28, but needs two things to happen first.

Douglas Pharmaceuticals' new $50m block opens

Hi-tech lab and skybridge in major new R&D site.

Mystery of the $40m mall sale and re-sale: Who, what, why?

Questions about what appeared to be a mystery deal.

Macquarie may back out of $220m SkyCity car park deal

"A car park buyback is not part of our current discretionary capital strategy" - CFO.

'Hot' interest in Sir John Key's former mega mansion but could a legal hurdle prevent sale?

A mystery buyer says they have an interest in the $23.5m home.

Fletcher Living plans 160-home Ōkahukura venture

9.3ha greenfields site is on Albany Highway and new entry road will be created.

Landlord's dilemma: Who pays the rent when the tenant goes to prison?

'Paranoia' and spotlight switched on before arrest, Tenancy Tribunal dispute.

'Absurd': $1.6m Auckland house fails to sell because it has tenants

Sale turns into lengthy legal dispute after buyer was not told the home had tenants.

$132m deal proposed for 51 Z Energy stations in NZ

Charter Hall REIT to own 49% of the new business, Z Energy to own remaining 51%

'Indefensible': Auckland rest home fraudster's suppression fight to save job

After stealing the rest home's money the man became a respected industry professional.

Where your sports car won't scrape the floor: Luxury apartments include vehicle showroom

Rich people need more car parks than the rest of us and those need to be bigger too.