Latest fromCommercial Property

Downtown revamp: $500m
Auckland will get something special for the downtown area from the sale of QE Square by Auckland Council, says Precinct Properties chief executive Scott Pritchard.

Eden Business Park 'sweet spots' for sale
JLL has been formally appointed by Arena Investment Management Limited to run an open marketing campaign to sell its commercial property assets including buildings within the Eden Business Park on the corner of Normanby Rd & Enfield St in Mt Eden

Auckland's $20m bill for lost carparks
Auckland Council may have to pay Precinct Properties $20 million compensation for the loss of underground carparking in its Downtown Shopping Centre.

Ambitious plans for downtown
An ambitious wishlist of 16 projects to transform downtown Auckland is being released today. We take a look at what's being suggested.

Get the craic on a grand Irish pub
An Auckland city restaurant and bar unit on the ground floor of the Heritage Hotel, which previously housed the well known Muddy Farmer Irish pub, is for sale.

Work leaves hotel bones exposed
It was once the city's grandest department store but now holes have been cut in the facade of Heritage Auckland exposing internal framing and steel.

British TV star urges new quake city layout
British designer, writer and television personality Kevin McCloud doesn't want Christchurch CBD to be rebuilt along the same traditional lines and has advocated the city's grid-type layout be broken.

Upside to QE Square sale, says new report
Auckland Council could use money from Queen Elizabeth Square's sale to upgrade the area in front of the Britomart transport terminal and around the waterfront.

Double delight Quay Park tower sale
A twin tower building leased by several international companies in Auckland’s Quay Park waterfront commercial area, is the latest city office complex to come up for sale.

Idyllic beachfront lifestyle within sight of Sky Tower
Clarks Beach Holiday Park on the southern heads of the Manukau Harbour is being offered for sale as a going concern business, including all the park’s buildings and a leasehold interest in the land

Papakura law offices for sale with long leaseback
Two high-quality office buildings in central Papakura, south of Auckland, are being sold and leased back by their long term owner and occupier, a well-known local law firm.

ANZ business centre an Albany landmark
A prominent five level commercial building in the rapidly developing Albany City precinct, on Auckland’s North Shore, is being billed as a premium investment backed by strong tenants in a top location.

Many good things come in pairs
A twin-tower building leased by several international companies in Auckland's Quay Park waterfront commercial area is for sale.

Lawyers query plan by Chorus
Chorus' proposed changes to wholesale broadband services are likely to breach "good faith" terms set by the Commerce Commission, according to a legal opinion obtained by the regulator.

Dominion Rd site among nearly 30 properties for auction
A mixed use property which has been in the same family’s ownership for more than half a century and with a strong profile onto main arterial Dominion Rd will be among a large number of properties that will go under the hammer

High flying Catalina café business on the market
The well known Catalina Café on the corner Of Buckley Avenue And Hastings Crescent at Hobsonville Point is being offered for sale as a going concern business within leased premises for an asking price of $1.2 million including tangible assets of $24,000.

Chance to create wealth and good source of income
A big prime development site with resource consent for the construction of two five-storey industrial and commercial blocks is being marketed for sale in Glen Eden.

Auckland Airport's land bank value soars to $2.6b
Auckland International Airport's vast Mangere land bank rose in value by $734 million between June 2011 and June 2014.

Northcote retail outlet a real bottler
A recently refurbished retail unit with a long lease on a major arterial road on Auckland’s North Shore is among 25 properties that will go up for auction on Wednesday September 10 as part of Bayleys’ latest Greater Auckland commercial

Fletcher in $40m HQ makeover
New Zealand's biggest builder is about to start a $40 million makeover at its own global headquarters, after buying its headquarters back from Tauranga's Carrus Corporation.

Three more building projects for Goodman
Goodman (NZ) Limited, the manager of Goodman Property Trust, has announced that the trust is undertaking three new design build projects that will add 28,430 sq m of industrial space to the trust’s investment portfolio and bring to 15 the number of new