Latest fromCommercial Property

Divisions run deep among tower dwellers
Metropolis apartment owners were at one another's throats on the eve of today's crucial meeting to decide the central Auckland tower's fate.

TVNZ plans makeover after SkyCity sale
TVNZ is planning a major refurbishment using cash from the sale of land for the SkyCity Convention Centre, while returning a smaller dividend to the government.

Tougher controls on retailers denied
Auckland Council has voted against tougher controls to stop big box retails stores opening up close to small town centres.

Auctions gain ground in big sales
Colliers International reports that its agents sold 51 per cent more properties via the auction process in 2012 than they did in 2011.

NZX leases last floor in revamped tower
New Zealand stock exchange operator NZX has moved into Level 7 of the 17-level redeveloped Zurich House building at 21 Queen St.

Wine firm plans move towards full NZX listing
The boss running a $58 million New Zealand wine business owned by American billionaire Bill Foley says a move to the NZX main board is planned towards the end of next year.

Cross lease property problems creating cross owners
Colleen Pollard's Auckland place stands on an Epsom cross lease site where absentee owners, neighbourhood communications, title alterations and property upkeep and maintenance all worry her.

Waterfront sites eyed if Cup returns
Waterfront Auckland is exploring six waterfront locations in the event Team New Zealand win the America's Cup and bring the Auld Mug back to the City of Sails.

Firms sued in test case on school leaks
Building products giant Carter Holt Harvey is among companies battling a multimillion-dollar claim brought by the Ministry of Education over leaky schools.

Forest 'not real estate agent's to sell'
A real estate agent suspended from practising allegedly sold a German couple a $500,000 forestry block that she did not own, and was not for sale.

Focus on selling cinema complex
Tokoroa's cinema complex at 34-36 Logan St has been placed on the market for sale by negotiation as a freehold property and going concern business.

Opportunity knocks at this historic site
A North Shore brick-and-tile property constructed in 1918 that has strong historical connections to Takapuna and early Auckland is being offered for sale by auction.

Mobil fights clean up bill
A petrol company says it should not have to pay clean-up costs for decades of petrochemical pollution on prime waterfront land.

SkyCity eyes Manila casino
SkyCity Entertainment Group is eyeing a Manila casino opportunity but has stepped away from Gold Coast plans.