Tower rising above net threat
Internet shopping's power has not hurt NZX-listed Precinct Properties' ambitious plans for its $550 million, 38-level Downtown tower.
Internet shopping's power has not hurt NZX-listed Precinct Properties' ambitious plans for its $550 million, 38-level Downtown tower.
Wrangle over waterfront land on Auckland peninsula may be heading to the Supreme Court.
Developers of Auckland's tallest and most striking new office tower have told investors that plans are advancing well.
Fletcher Building shareholders have been given a rosy outlook at their annual meeting today, with strong conditions in the construction market tipped to continue.
Protestors are gathered outside Fletcher Building's annual meeting, opposing its housing plans for the Ihumatao area near Auckland International Airport.
Two retired property developers are liable to the receivers of a failed finance company for $308,572 because of guarantees they gave on an eight-year-old loan.
Ngati Whatua Orakei Whai Rawa turned around from a loss last year of $304,773 to $2.2 million profit in the latest period.
Better results from its flagship Auckland property and its struggling Adelaide operations mean a good start to the 2016 financial year.
The requirement for capital gains tax to be paid on investment properties bought and sold within two years has passed into law.
After saying it would not put property back on the market, Stevenson has now sold it.