Latest fromCommercial Property
McKenna cans creditors' meeting in surprise move - bankruptcy looms
Embattled property developer Nigel McKenna has suddenly ditched a creditors' compromise scheme.
David Henderson fights another day - bankruptcy averted
Property developer David Henderson averted bankruptcy this morning to allow him and his creditors time to discuss another proposal that could stop Inland Revenue's application.
Estate agent asked bank to fake papers in sale dispute
A Nelson real estate agent tried to have a bank falsify documents to cover up problems over a sale, once he found out a complaint against him was being investigated.
Psychological fears will drive shape of Christchurch's CBD
Real estate agency Bayleys Canterbury is predicting a broader but lower central business district will arise in Christchurch after last month's earthquake, while demand is expected to escalate for residential properties in more stable areas
ANZ's new 15 year lease quashes speculation
Speculation that a major bank would shift into a new 26-level high-rise office tower in Auckland has been dashed.