Latest fromCommercial Property

Fletcher seeks rezoning for quarry land
Fletcher's application to have Auckland's Three Kings Quarry rezoned as residential begins this week.

How you could fall foul of new tax rules
The IRD has released a summary of commonly made mistakes by non-professional property investors.

Kiwi Property lifts earnings to $80m
Kiwi Property Group's annual earnings increased 4.5 per cent as it seeks to raise $151.9 million to expand Sylvia Park.

Will new tax affect The Block?
Properties renovated on prime time reality television show The Block are likely to be caught by the Government's new capital gains rules.

Mark Keating: New property rules too little too late
Mark Keating writes: The Government has been arm-twisted by its critics into a tax response to address Auckland property prices.

All new heights for sky-high AKL office
The 190m-tall block will include a 30-level tower for 4000 workers, a 125-room hotel, and up to 10 luxury brand shops.

Trans-Tasman dispute over hotel management
An Australian hotel business is disputing action by NZ's largest hotel owner over the management of five hotels here.

Raid on developer ruled unreasonable
Warrants for a police raid on properties owned by Christchurch businessman David Henderson have been declared unlawful.

Bank chief: There is no housing bubble
A second banking chief has denied Auckland has a housing bubble, saying many factors were combining to drive prices up including the city's sheer desirability.

Uni opens research site in city
Auckland University officially opens its 5.2ha Newmarket Campus tomorrow although students have been there for many months.

New SH1 motorway interchange opens
A new motorway interchange north of Auckland opens on Wednesday, providing direct access for 10,000 Millwater residents.

NZ's biggest hotel owner expanding
Five New Zealand hotels previously run by Staywell Hospitality Group are now under CP Group's management.