Latest fromCommercial Property
Luxury development gets approval
A controversial beach property development at Te Arai Point, north of Auckland, has been approved.
Vital Healthcare board gets grilling
An angry Vital Healthcare Property Trust investor has criticised performance and investment in Australia at New Zealand's expense.
Investor backs Kiwi Income deal
An institutional investor welcomed Commonwealth Bank of Australia's $70.6 million offer to internalise the management of Kiwi Income Property Trust.
$1 billion Westgate rises
The first buildings are about to go up at New Zealand's biggest new urban centre - the $1 billion Westgate town centre at Massey.
$200m Vinegar Lane project begins
Work starts today on one of Auckland's most controversial sites, as a supermarket giant begins transforming the chasm of Ponsonby's Soho Square.
Chinese buyer has big plans for resort
China's Shanghai CRED Real Estate says it has bought the 1000ha Peppers Carrington golfing resort on the Karikari Peninsula in the Far North from American Paul Kelly.
Summerset gets OK for rest home
An Environment Court decision says parties have reached agreement on Summerset Group's planned Hobsonville retirement village on Auckland's north-western outskirts.
Management change for hotels in Mercure chain
Management of five New Zealand hotels will change hands at the start of the next month.
Winery back on sale after deal flop
A $4m deal to buy a popular Matakana winery fell through after a syndicate of Chinese buyers failed to get approval from the Overseas Investment Office.