Latest fromCommercial Property

Properties sold in leaseback deal
New Zealand real estate investment specialist Caniwi Capital has bought chicken processing plants, hatcheries and farms from Inghams Enterprises NZ .

Environmental group backs Unitec housing plan
An organisation representing 10,000 young Kiwis backs plans for Unitec and Eden Park.

Former Auckland developer US scheme
Former Auckland apartment developer Lily Zhong is planning a US$380 million ($436 million) scheme to develop commercial and residential units on vacant land in Florida.

More homes wanted around park
Intensive housing development on land surrounding Cornwall Park is being proposed - but lessees fear it'll result in further hikes to lease fees after new valuations.

Ryman adds Tropicana to its portfolio
Tropicana, one of the biggest privately owned blocks of land in inner Auckland, has been sold to retirement giant Ryman Healthcare.

Reality TV queen offloads sports bar
TV mogul Julie Christie has placed her Auckland Viaduct-based sports bar on the market, along with her extensive personal collection of sports memorabilia.

Brian Rudman: Cement traps us in the bad old days
One of the justifications for creating the Super City was that it would hasten the end of the planning silo mentality that hog-tied Auckland.

Proposal opens up Queens Wharf
The western side of Queens Wharf could become open space as part of plans for the downtown waterfront area.

Ex-wife bids to revive million dollar case
The ex-wife of a former bankrupt property developer has gone back to court in an attempt to revive her multi-million dollar claim over relationship assets.

Former rich-lister pleads not guilty
A former rich-lister charged with misleading authorities and concealing property has pleaded not guilty.

Canadians in $1 billion property buy
The new Canadian owners of the $1 billion real estate fund have opportunities to expand in New Zealand by further investing in real estate assets at Botany, Manukau, Tauranga and Christchurch.

AMP Capital sells $1b of buildings offshore
AMP Capital Investors has agreed to sell 18 New Zealand properties worth more than $1 billion to Canada's Public Sector Pension Investment Board.

Busy Hub in heart of Mangawhai
The Hub commercial and retail centre is a popular stopping place for tourists as well as residents.

Orakei offers superb prospect
A three-level mixed use Orakei commercial building fully leased to 10 tenants on a large site with future development potential is for sale for the first time in nearly three decades.

Plan is 'ghettos for the rich'
Up to 600 new apartments, townhouses and duplexes in 17 blocks, six to nine levels high, are planned in the now open areas around Wynyard Quarter.

NZ mall stake could be sold for $3b
New Zealand's biggest and most valuable collection of shopping malls might be on the market, with all nine malls controlled by a new owner.

Buy the hirer - veteran firm for sale
Gisborne's oldest and only locally owned and operated hire business is being sold as a going concern in leased premises.

Tasty Bin Inn sale in Rotorua hub
A Bin Inn store is the latest freehold, individually titled retail outlet to be placed on the market for sale in a continuing sell-down of commercial units

Picture-perfect Herne Bay earner
A fully leased aged-care investment property in the heart of Auckland's upmarket suburb of Herne Bay is being marketed for sale as being "in the sweet spot" for high net worth.

Iwi tops $1b in assets
Interest income on big cash holdings, hotel and milk business deals and rising values of investment properties helped push Waikato-Tainui's asset base up.

Fear over plans for Unitec
A Unitec lecturer and union representative has complained about development plans for the Mt Albert campus where he works, saying neither staff nor students were consulted.