Latest fromCommercial Property

Singapore buys into NZ malls
Forty-nine per cent of five Westfield malls worth $2.1b will be sold to the Singaporean Government Investment Corporation.

Hawkins targets $1b revenue
New Zealand's record building boom and overseas work have pushed the country's biggest privately owned construction and infrastructure business to forecast a $300 million rise in annual revenue by 2017.

Wellington convention centre gets tick
The Wellington Employers Chamber of Commerce is welcoming the news the city will get a new convention centre by 2017.

Viaduct property deal's value queried
Professional investors have questioned the value to Goodman Property Trust of Singapore's Government Investment Corporation's acquisition of a 49 per cent stake in Auckland's Viaduct Quarter.

Heavenly office space for lease
A high-profile former church building that has been converted into high-quality office accommodation on the Symonds St ridgeline is available for lease, presenting an opportunity for companies looking for central city character space.

Goodman signs up Singapore for Viaduct
Singapore's sovereign wealth fund has bought a half stake in some of Auckland's newest commercial buildings in the Viaduct Quarter.

Shortland St studio gets new overseas owner
A land deal has been approved as part an overseas broadcasting giant's purchase of popular TV show Shortland Street's production house.

Ideal opportunity to own and earn
A West Auckland commercial building at 30 The Concourse in a popular industrial area of Henderson is being offered for sale as an excellent split-risk investment opportunity.

Farmer sells in disgust at $50k rates
'Horrific" rates of nearly $50k a year on land still being grazed by livestock prompted the $37.9m sale of one of Auckland's largest land lots.

Feeling the chill at Waiwera
People behind the increasingly tired hot pools complex at Waiwera hint there are better days to come but the locals are more sceptical, writes Geoff Cumming.

Waiwera: A watered-down dream
Of the many schemes dreamed up for the thermal resort town of Waiwera, the plans outlined by Russian oil mogul Mikhail Khimich were the most grandiose yet.

Oligarch must sell NZ land
A wealthy Russian has been ordered to sell his rural property after failing to make progress on a promised boutique winery and vodka distillery.

From Russia with promises
Oil tycoon Mikhail Khimich's promises to transform sleepy Waiwera have so far come to nothing. The Herald investigates why his ventures have struggled.

Normans up stake in Warehouse to 6.3pc
The retail group owned by David and Anne Norman, has added to its holding in the Warehouse by buying 730,000 shares on market this week.

The Cider house rules
Premium space within the Cider building, now under construction next to the Vinegar Lane precinct of Ponsonby, is being marketed for lease.

St James opening night booked for '18
A family-owned company believed to have paid more than $30m for the St James Theatre in Queen St intends to restore the historic performance venue.