Latest fromCommercial Property
C+M investors to finally get payout
Capital + Merchant Finance's out-of-pocket investors finally have some good news seven years after its collapse with an $18.5 million settlement announced today.
Plan to keep square public defeated
Strong measures to consider keeping a central Auckland square in public ownership before it could be privatised have been soundly defeated by the Auckland Council.
Gapes back in control of Springpark project
Tony Gapes is set to take back control of New Zealand's most intensive affordable housing project after receivers last night confirmed the property developer has settled a company debt.
Unitec boss denies housing bid
Unitec says it never applied for its Mt Albert land to be fast-track high-density housing but an Auckland councillor says it not only applied but was rejected.
Wharf plan 'once in a lifetime' chance
Waterfront Auckland has been asked to “take the lead” to build two large buildings on Queens Wharf in exchange for upgrading the downtown ferry terminal.
Solid profile stands out in East Tamaki
A fully leased industrial complex on 1.9ha in East Tamaki, generating almost $925,000 rent a year and with a long lease to the anchor tenant, is on the market.
Normans up stake in Warehouse
David and Anne Norman have nabbed a strategic stake in the country's largest listed retailer, Warehouse Group.
Six tourism businesses hit market
Six quality hospitality and accommodation businesses in Tasman Bay at the top of the South Island have simultaneously come on to the market.
QE Square option kept from council, says official
The privatisation of Queen Elizabeth Square in downtown Auckland has allegedly been pushed through a council committee without councillors being told of an option to retain the $60 million public open space.
Interest rates cited as drag on mall landlord
Morningstar has released a bearish analysis of giant landlord Kiwi Income Property Trust.
We're not a park, says Unitec boss
"It's not our core business to be a park. We're an education provider," says Unitec chief executive.
Unitec to open campus to developers
The historic, orange brick ex-Carrington Psychiatric Hospital as heritage apartments, pedestrian and cycle links, hundreds of new residents is the vision.
Progressive seeks action in Devonport
For more than two years, Progressive Enterprises has wanted a new Countdown on its Devonport land.
Building a better city waterfront
The reuse of rainwater, secure bike parking and community gardens are part of a concerted effort to make Wynyard Quarter the leader of sustainable urban development in New Zealand.
Supermarket cuts waste 67%
A North Island New World has cut its waste from 11 tonnes to 3.6 tonnes a month in the biggest recycling initiative by the country's largest supermarket chain.
Queens Wharf bid buzz goes silent
Amystery bid to build two large commercial buildings on Queens Wharf in exchange for upgrading the downtown ferry facilities appears to be dead in the water.