Institutional investors are praising the annual result of Kiwi Income Property Trust, saying it reflects the management shakeup which saw the exit of Commonwealth Bank of Australia.

The Wellington City Council appears close to signing a deal with the Hilton hotel chain for a $125m convention centre on the waterfront opposite Te Papa.

An ex-All Black accused of managing businesses while bankrupt allegedly removed the director of one of these companies when he refused to provide signed blank cheques.

Police have made a formal bid in the High Court to seize property they allege is associated with a failed finance company director.

Well-known North Shore antiques retailer Donald Melville, intends to retire.

The 2014 NZ Commercial Project Award Winners.

The former building manager of luxury high-rise apartment tower Metropolis says a Serious Fraud Office inquiry has found nothing untoward.

One of Auckland's ugliest carparking buildings which its owner describes as "an eyesore" is to get a makeover and have apartments built on top.

Auckland councillors are divided on the privatisation of Queen Elizabeth Square in downtown Auckland, but voted 14-7 today to approve in principle the disposal of the land worth upwards of $60 million to Precinct Properties.

Auckland councillors will tomorrow consider the privatisation of Queen Elizabeth Square in downtown Auckland for a mall.

Giant listed landlord Goodman Property Trust pushed up annual after-tax profit 72.1 per cent, making $134.1 million in the year to March 31.

A Wiri industrial subdivision is being developed for companies struggling to find well-located leased premises that cater for heavy manufacturing activities or that provide sufficient yard space.

Abuilding leased to an Irish pub near Manukau's Vodafone Events Centre and close to a planned whitewater attraction called Wero will be auctioned next Thursday, providing a prime opportunity for investors.

The No 2 ground and cricket pitch at Eden Park will be replaced with residential and commercial buildings of up to nine storeys.

Auckland Council is in talks to privatise a section of QEII Square as part of a $300m redevelopment by Precinct Properties of the Downtown Shopping Centre, say sources.

Mystery businessmen want to replace the Cloud with commercial buildings. In exchange they'd upgrade the ferry terminal and transform the harbourfront 'pigsty'.

A previously unnamed defendant in the latest failed finance company case can now be identified as a Auckland property developer.

Two substantial office units occupied by multinational tenants in the Ascot Office Park in Greenlane are up for tender as part of Bayleys' latest Greater Auckland portfolio.

The first glimpse of what four-storey apartments could look like in the proposed Bayswater Marina Village has drawn a mixed reaction from North Shore residents.