Two multimillionaires sell Auckland supermarket in $30m+ deal
A new 10-year lease gives the buyer a long-term income stream from the Australasian giant.
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Latest fromConstruction
IRD pushes property business under; Carters, Fletcher, Mitre 10 are creditors
Liquidators terminate employment agreements as builder in strife.
$166m expansion at Wellington's biggest private hospital
Full hospital redevelopment 5km south of the city's CBD.
Builder selling luxury homes while familes and creditors owed $10m
Size of debt owed to tiny home creditors almost doubles.
Market close: Auckland airport trims dividend policy, shares slump
But despite falls from some heavyweight stocks, the index closed high.
Revealed: Where NZ’s richest man Graeme Hart is investing his cash
Focus is on what we wrap stuff in, what we eat, storage, and buildings.
Shane Reti: Infrastructure vital for the north
OPINION: Shane Reti explains National's Infrastructure for the Future plan.
$750m plan: Auckland CBD's first vertical retirement village - Penthouses $13m each
Highest-price retirement village units: ORAs on two double-height penthouses $13.75m each.
Focus: Ikea finally on the way at Auckland’s Sylvia Park
The traditional big blue box, large-format store of 34,000sq m will sell the latest design and home furnishing at Sylvia Park. Video / NZ Herald
New Point Chevalier marae building takes top architectural award
All up, 57 buildings and projects won Auckland region prizes including 29 homes.
Watch: Who's coming to Highbury, new shops rising in $15m mall makeover
'Highbury’s core economic market has a younger, educated and more affluent bias.'
Premium: First look inside $15m Highbury Birkenhead mall expansion
Highbury Birkenhead is spending $15 million on a grand makeover with plans for new-look mall to be open around Christmas. Video / Michael Craig
Roadblock for companies suing aluminium panel manufacturers
Companies allege Alucobond aluminium panels are unsafe and pose a fire risk.
Auckland Light Rail shifts up a gear
ALR will help underpin growth, greater productivity and economic prosperity.
Infrastructure Report: Priorities for big projects
Public and private partnerships are needed to get investment and development moving.
Infrastructure Report: CRL an agent of change
Changes implemented for the City Rail Link will leave a legacy for construction industry.
Developers oppose anti-greenfields Auckland housing plans, council defends
How will Auckland look with 2.2m people? New plan for housing is now out for consultation.
Loaned $1.5b, never had a single loss: new $100m venture formed
'This is the result of many people over the years wanting to co-invest with our business.'
Markets with Madison: Construction slowdown hits suppliers
Building product supplier Metro Performance Glass is seeing demand slow and expects it to get worse. Plus, bio-tech company Pacific Edge is awaiting a decision over its Medicare cover.
Business leaders named in King's Birthday Honours
Vegetable-growing, IT, a four-day week, journalism: honours for leaders in their fields.
NZ's richest man does year's biggest leasing deal on new $100m warehouse
Warehouses for Synlait's new southeast Asia plant-based export operation.
Ikea opening: giant retailer to study nearly 1000 Kiwi homes
'We do a number of home visits to see how people live, what their needs are.'
Ikea finally on the way to NZ: Opening date revealed as building begins at Sylvia Park
Sylvia Park store will be size of three rugby fields - and yes it will have the meatballs.
‘Urgently reduce expenses’: Builder AHS Group eyes redundancies
'If we’re not building anything, we don’t particularly need a whole lot of builders.'
British buyer snaps up prison, school and uni contracts in giant $205m deal
Public-private partnership deal to sell contracts on jail, 11 schools, uni accommodation.
Business confidence rebounding, but is it too soon for Reserve Bank’s inflation fight?
The construction sector is reporting an improved outlook, according to the ANZ survey.
F&P Healthcare cleared for $275m land deal, 104ha expansion
The new site will be a second R&D and manufacturing campus to grow operations.
Failed Auckland housing developer owes creditors $40m
Delays, material shortages and pandemic-driven cost overruns blamed.
Locals oppose boatshed, ramp scheme for $22m Herne Bay home
'Massive thing will dominate the wee public bay, its foreshore and the Herne Bay coast.'
Biggest retail property deal of year: who paid $85.7m?
'Seven properties currently under contract, two further sales pending' - Whillans.
Art remake heartbreak: Fire wrecked NZICC glass 'forest' panels
'Hopefully, something can be done with the old ones. Maybe they can be ground up...'
Kiwi Property makes record sales at malls
Big jump in sales at Sylvia Park, LynnMall and The Base.
Focus: City Rail Link boss on opening date, dealing with AT and learning from overseas mistakes
City Rail Link CEO Sean Sweeney talks exclusively to Bernard Orsman inside the freshly completed rail tunnel on the project's opening date and how the team learned from mistakes made overseas. Video / NZ Herald
IRD, creditors chasing $19m from failed Rainbow childcare chain
Employees are owed about $640,000 as "worrying" ECE closure saga claims casualties.