![How one Kiwi company went from LA award-winner to receivership](/pf/resources/images/placeholders/placeholder_l.png?d=793)
How one Kiwi company went from LA award-winner to receivership
The once award-winning business owes $7.3 million.
The once award-winning business owes $7.3 million.
NZX company has $996.1m of properties throughout New Zealand.
"Hundreds of thousands of dollars were raised in a tiny community to fight this."
"We have been working on plans to expand Brightside Hospital for several years."
"The current position of the rocks is temporary" - Ruth Jackson
But tenant Ritesh Prasad says landlord lied and worries where his family will now live.
"Everybody has broken out from their homes, they've got cabin fever."
Housing market is exceeding expectations but volatility is creeping in, reports Reinz.
Office life has been much maligned but provides a great environment for creative thinking.
Two luxury pads with sweeping Hauraki Gulf views have sold for $9.6m and $9.5m.
A court case is under way against the Auckland Council to recover $35m in repairs.
Seung Heun Lee, who has bought multi-million dollar properties, is vowing to continue.
A 100-seat restaurant and barrel hall part of the big new venture.
2168 new homes consented in April, lowest for a month in nine years
Not all loans will be recovered.
'A third room seems sensible as a flexible space' - Donnelly
"You lose your culture if you have all your people working from home all the time."
How much progress is being made?
Mansons TCLM says now is not the right time to start construction.
"You could possibly end up with more than one film studio at Drury" - Hughes
The company's net profit is down from $319.5m to $261m.
We say: The Reserve Bank has reassured on financial stability but some big risks remain.
Experts and investors take a deep dive into what to expect from post-Covid house prices.
Commercial property "could exacerbate downturn" - Reserve Bank
Developers will have to hold on until financiers feel more confident again.
Unit resales and sales stopped in lockdown, PPE expenses rose
Kiwi Property revalues portfolio