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Latest fromCommercial Property
Real estate agents head to China to sell NZ's top homes
This $8.8m property in Auckland's Castor Bay is one of the houses being marketed at a six-day showcase in Shanghai.
Viaduct Capital receiver expects to recoup 28c to 33c
A total of 110 Viaduct Capital secured depositors are owed NZ$7.8 million, including accrued capitalised interest. Under the Crown retail deposit guarantee 94 depositors owed NZ$7.3 million are covered.
Mystery over Five Mile Allied Farmers finance
The man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.
ASB Bank profit dips, impairments nearly halve
Profits have dipped at ASB Bank, but loan impairment charges have halved.
Kermadec portfolio hit in tough market
Falling asset worth and expiring leases damaging profits.