Latest fromCommercial Property

Parnell on verge of regaining glory
Parnell, the inner-city suburb that reflected the golden days of the ‘80s and ‘90s, is undergoing a quiet renaissance. We look at what's being done.

Penrose industrial goes on the block
A freehold Penrose industrial building with three long-standing tenants and significant add-value potential is up for auction in two weeks' time.

Last chance to buy into new auto centre
A new automotive complex, completed in Silverdale, about 30km north of Auckland, and targeted at heavy vehicle service providers, has met with a strong response from tenants, and only one unit is left to lease in the development.

$50k investment interests snapped up
Oyster Group's chief executive, Mark Schiele, has announced that the recent syndication of the large Cardinal Logistics warehouse at Mangere has closed early and oversubscribed.

Singapore interests in $23m deal
The $23.3 million sale of an Auckland hotel by one Singaporean business to another was New Zealand's biggest hotel sale lately, says an agent.

Company no buffer to losing apartment
People cannot avoid losing their apartment if they don't pay their levies, even if they buy under a company name.

Blues $4m high-tech training HQ
The Blues will today officially announce a new $4 million purpose-built training and administrative headquarters at Alexandra Park in Auckland.

For sale: City office block with resident jjimjilbang
A freehold Auckland city office floor fully leased to two tenants and producing net annual rental income of $270,841 is among a wide range of investment properties that will go under the hammer on March 4 as part of Bayleys’ first Greater Auckland portfol

New precinct aims for funky ambience
A new commercial precinct in Quay Park near Britomart on the fringe of the Auckland central business district is offering fully fitted-out tenancy options for smaller business and professional firms under a simplified gross lease arrangement.

Industrial site with wide appeal
A Glen Innes industrial building with medium-stud warehousing and associated office accommodation on one level is being sold for the first time in 19 years.

Right size for family life
Plenty of room to spread out and relax in an easy-care house in a pleasant neighbourhood, writes Kate Williams

Delay to luxury hotel opening
Redevelopment and planning work for Auckland's newest CBD five-star hotel is taking longer than expected, delaying the Sofitel So opening.

Lynn Mall expansion gets under way
Work started this week on the $36 million expansion of New Zealand's first shopping mall.

Go with the inner city flow
Stay put and take in the views or head out on foot to meet your friends, says Donna McIntyre

Top Homes: Haven for high-flying city commuters
Vicky Fulton's Coromandel property comes with an elevator running between the wine cellar and top floor, friendly peacocks in the back yard, and a landing pad and hangar for your helicopter.

Big brand stores may head to Auckland
Mayor Len Brown has named big-brand international retailers Apple and Tiffany & Co as potential candidates to open their first New Zealand stores in Auckland.

Empty prime CBD sites bad for the city
A prominent commercial real estate financier says land-bankers are ruining Auckland's central business district by leaving many sites vacant for decades.