
Mainzeal goes into receivership
Mainzeal Property and Construction - one of New Zealand's largest construction companies - has gone into receivership.
Mainzeal Property and Construction - one of New Zealand's largest construction companies - has gone into receivership.
It's time for a dose of fatalism and some common sense when it comes to dealing with earthquake-prone buildings across New Zealand in the wake of the Christchurch quakes.
A Northland rural commercial property, occupying a prominent highway position an hour north of Whangarei and previously planned as the site of a motorhome village, has been put up for sale.
A large villa leased to four commercial tenants and located in the popular Auckland city fringe boutique business district of Ponsonby is for sale.
New Zealanders are showing a rising resistance to overseas investors, a business survey has found.
Nearly 1000 apartments and townhouses priced from $500,000 are planned at Wynyard Quarter on the Auckland waterfront when the first block of residential land is offered to developers in March.
The country will continue to swelter, as temperatures in some areas reach at least 30C today.
With Rotorua's new convenience retail complex the Redwood Centre, located about 3km east of the city's CBD, due to open on Friday only a few tenancies remain to be filled.
More than 700 members of one of Auckland's best-known golf clubs are upping sticks and moving south.
New Zealand's biggest listed diversified real estate business told the Asian investment community this week it was one of the world's top performers in its sector.
Asia's richest man, Sir Li Ka-Shing, is EnviroWaste's new owner after his Hong Kong-based Cheung Kong Infrastructure paid $501 million for it.
Work on creating tree-lined boulevards to connect Fanshawe St and Victoria Park with the waterfront at Wynyard Quarter will begin next month.
SkyCity has confirmed plans to increase floorspace at its Auckland casino.
The building sector has taken off and Canterbury earthquake repairs are one of its biggest drivers.
In one of the biggest commercial property deals of the year, New Zealand Post has sold two Auckland properties for about $33 million.