Latest fromCommercial Property
95 new shops for Newmarket in mega-mall development
Newmarket will get 95 new shops when Westfield NZ develops a mega-mall alongside its existing 277 mall.
Kiwi living Las Vegas lifestyle
A Bankrupt Kiwi property developer is still living in a 660sq m Las Vegas home despite defaulting on its $2.8 million mortgage four years ago.
'Lack of space' in Auckland CBD
Deferment of new office construction in the Auckland CBD will restrict growth within New Zealand's largest employment zone, predicts Chris Dibble.
Edwardian character in Gisborne
A central Gisborne Edwardian character building at 69 Peel St and occupied by one of the city's largest multi-purpose hospitality venues has been placed on the market for sale.
Staff cuts see Telecom exit building
Big staff reductions have prompted Telecom to leave one of its four buildings at its headquarters on Victoria St, Auckland.
Chancery $3m leaky payout fuelling repairs
The owners of properties in Auckland's leaky Chancery shopping complex have won $3.4 million for repairs, now about halfway through.
City fringe brings many benefits
A fully tenanted and renovated office building at 23 Union St, just off the motorway on the edge of the Auckland CBD, is being featured for sale.
Heritage site gets top treatment
A new tenant is moving into one of Auckland's best-known heritage buildings, one of only three remaining on the Freeman's Bay shoreline adjacent to the Viaduct Harbour.
Cash crisis over penthouse
British-born computer specialist Phil White is facing a mortgagee sale on his luxurious Auckland apartment because he has not made full mortgage repayments.
Threat to Auckland character main streets
The early commercial strips of Karangahape Rd, Kingsland, Dominion Rd and Ponsonby Rd are under threat from the draft Unitary Plan, say heritage groups.
Dunedin hotel compromise on offer
The woman behind a controversial $100 million waterfront hotel bid in Dunedin says she will compromise to secure a deal with the Dunedin City Council.
NZ's biggest reno: ANZ's tower
Precinct Properties New Zealand's $76 million ANZ Centre upgrade saw 22 office floors refurbished, making it the country's biggest building renovation.
Dunedin $100m hotel bid off to court
The company bidding to build a $100 million waterfront hotel in Dunedin is taking its fight to the Environment Court.
Amazing potential for expansion
One of Waitakere's largest lifestyle blocks, the 6.8ha Kiwi Valley Farm Park and Maze complex in Henderson Valley Rd, is being offered for sale.
Updated depot shines anew
'It was unbelievable," says Tournament Parking director James Brown of the old City Works Depot buildings. "People didn't look at what was in front of them."
Commission to probe parking deal
The Commerce Commission has confirmed it will investigate a big Auckland car parking deal.
Mixed use site with resource consent
A mixed use site of over 4000sq m with consent already in place to build an apartment complex just two blocks from the main Otahuhu shopping strip is being marketed.
Mt Roskill sites offer rare chance
Two retail properties in the heart of the Mt Roskill shopping strip at the top of Dominion Rd are for auction, with one of them, at 1252 Dominion Rd, vacated by the Westpac Bank.
Office block tipped for conversion into hotel
Major Auckland office block Swanson Towers could be in line for conversion into a hotel.
Convention centre and waterfront rejuvenation plans spark developers
Developers are eying opportunities to build new Auckland hotels.
$1b Auckland Uni expansion on the books
Auckland University has become New Zealand's largest real estate developer, with a $1 billion 10-year order book already well under way.
Brownfields appeal boosted by a lack of greenfields
Brownfield sites - older and rundown industrial properties - are increas-ingly becoming the only option for businesses hoping to develop industrial premises in Auckland's more established industrial suburbs, says Justin Kean, director of research and capi