Our Government insists that a) fly-by buyers aren't part of the housing problem and b) it doesn't need any numbers to know this, writes Jolisa Gracewood.

Work well under way on exclusive five-star Sofitel So in downtown Auckland.

The race for Dublin property is reaching a frenzy not seen since the market collapsed.

DNZ Property Fund posted an 8.7 per cent drop in annual profit after writing down the value of development work

Ryman Healthcare has secured a site for its second retirement village in Melbourne, which it expects to spend more than $100 million to build.

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.

An old backpacker hostel, worth $4.21m, has been bought by a company boss who plans to knock it down and build a mansion in its place.

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.