Latest from Investment Companies

Profit slump as Commercial Bay, PwC Tower developer releases result

Big Auckland downtown retail complex and Defence House in Wellington were devalued.

Lack of vitality: Healthcare trust has bottom-line loss

Trust started a $200m asset sales programme, planning to use that for development.

Inside NZ’s tallest apartment tower: Floods, blockages and defects revealed

The insurance excess leapt from $5000 to $25,000 a claim.

Winton Land nearly doubles revenue

Share value halved: Listed two years ago at $3.88, now trading at just $1.90.

Rents up 4% - the areas where you'll pay the most/least

And the city with New Zealand's highest median rent revealed.

‘Zero communication': Shot Tower apartment evacuation draws furious exchange

Residents kicked out at night: '72 hours later, we had not heard a thing.'

First peek at Costco NZ's accounts reveal hefty set-up expenses

Top secret approach to membership numbers, but other numbers revealed from retail giant.

Property For Industry records $13.9m FY loss

Previously, $392m revaluations were recorded. That's changed now.

Unfinished $85m Onehunga apartments draw buyer

'The purchaser is undertaking due diligence at present,' the project manager said.

What Graeme Hart is up to: New venture by NZ's richest man

In a separate move, Hart has also done something unusual for him.

Civil earthworks company that took Covid wage subsidy in liquidation, ASB owed $5.4m

Even the Government money wasn’t enough to keep it going so the owner called it quits.

Auckland floods: Cliff collapse victims tell of terror night

"It was like a wild animal. You know you don’t know what you are looking at?"

Winton Land downgrades result: Floods hit sales, earthworks

'We have already lost 83 per cent of this summer's earthwork season.'

Ten post-settlement iwi have $8.1b assets: new report

Second and third wealthiest iwi changed rankings from 2021 to 2022.

Why Chinese companies are investing billions in Mexico

NY Times: Mexico attracts Chinese businesses wary of shipping and geopolitical problems.

Campground snapped up in property expansion drive

"This boom was happening before the pandemic."