South Korean media are reporting the jailing of the multimillionaire property developer who last decade proposed New Zealand's tallest building.

Choice Hotels, which operates in 40 New Zealand locations, is looking for seven to eight new properties worth $40 million to $50 million this year.

A wealthy Auckland businessman, granted citizenship against official advice, has yet to start a proposed $70 million property development.

A modern 2632sq m industrial building in the heart of Manukau's industrial precinct and previously used for storing thousands of kilometres of cables is up for lease.

Banking, insurance and professional services are major employment groups that dominate growth in Auckland.

Ryman Healthcare will invest $690 million in Auckland, building five of eight new villages in the city including one $210 million project.

The long-vacant ex-Auckland Star site between Fort St and Shortland St could soon get a carpark.

The development of SkyCity Entertainment Group's controversial $402 million international convention centre is drawing closer.

NZ's largest construction company will bring some of the world's biggest builders here for the $4 billion-plus new public private partnership contracts it wants to win.

The upmarket Auckland suburb of Pt Chevalier will be home to the next series of The Block NZ.

Kiwibank has announced it will lift its home loan rates in response to yesterday's Reserve Bank decision to increase the Official Cash Rate.

A Coromandel beachfront commercial property with an upstairs apartment and sweeping ocean views plus a development site just two doors away are up for auction.

It was to be a development so huge it was nicknamed Neverland, but now nearly 1ha of St Heliers land has been put up for sale.

Leasing has now started for the Pinehill Centre, a new North Shore development in Albany that will comprise 22 retail outlets and commercial offices.

The $1.26 million seismic upgrade of Diocesan School for Girls' old chapel will be finished around mid-May.