Latest fromProperty Investment
Australia tightens on foreign land buys
Australia has tightened the rules on foreign purchases of agricultural land and has reduced the ownership screening threshold to A$15 million from A$252 million.
Surge in KiwiSaver home withdrawals
Mortgage lenders have noticed an upswing in the number of people withdrawing money from KiwiSaver for a first home.
Court: Blue Chip lawyer didn't cause loss
"Negligent" advice from a Tauranga law firm did not cause a Blue Chip investor's $90,000 loss, the Supreme Court has unanimously decided.
Syndicate investors suffer $25m losses
Investors in nine property syndicates that have so far lost $25 million say related-party loans and mismanagement may have contributed to their financial woes.
The taxman cometh to DIY TV show
Contestants in Television New Zealand's new hit DIY reality show may face tax bills of many thousands of dollars.
Cost of buying in top zones
Parents could save hundreds of thousands of dollars by skipping houses in elite school zones and paying to privately educate their kids elsewhere instead.
Hunt for yields drives shares to record
New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.
Property magazine targets Chinese
A big marketing drive is on to draw more Chinese people to NZ real estate and the businesswoman behind it expects a huge upswing in investment.
SugarTree apartment ready for residents
Residents will next month begin moving in to the new $250 million high-rise SugarTree apartment development between Nelson St and Union St.
Auckland values to rise throughout 2015
Auckland house values rose at almost twice the rate of the rest of New Zealand, up 9.8 per cent or $68,309 in the last year.
Carmel Fisher: Dump emotion to win the unwinnable
If investors could be bothered wading through academic research of recent decades on markets and investor behaviour, they'd probably feel like giving investing a wide berth.
Leasehold warning
A woman who bought an Auckland apartment to get on the property ladder has been left "financially strained" and says the property is now worth about half what she paid for it.
Soaring Eagle set to draw in visitors
Multimillionaire property investor Peter Cooper helped build the country's most important new heritage structure which opens tomorrow in the Bay of Islands.
Biz Leader of the year: Chris Gudgeon
Property developers and investors have enjoyed an outstanding year but Kiwi Income Property Trust chief executive Chris Gudgeon could be the star of the bunch.
Wynyard complex gets ready for sale
Pre-sales of the first of 500 to 600 new Wynyard Quarter apartments start in February and the first show-home is being built.
PM says Chinese real estate investment minor
A surge in Chinese investment in New Zealand residential real estate is something the Government needs to consider, but at the moment is not a significant issue says John Key.
KiwiSaver: Helping grandchildren into first home
A reader writes: I intend to settle a cash sum on each of my grandchildren on my demise. What fish hooks exist if I place a lump sum in a KiwiSaver account for each?
Alexandra Park property plan gains pace
Alexandra Park's chief executive Dominique Dowding said apartments would be for sale from February and she predicted occupation of the Green Lane West Rd places by the end of 2016.
Neighbour fights new Ryman site
A neighbour is opposing a new Auckland Ryman Healthcare village, saying views will be blocked and roads jammed with traffic when hundreds of elderly people move in.
Views split over retirement village plan
Ryman Healthcare's application to build a retirement village in Greenlane has drawn strong community reaction both for and against the $100 million-plus project.
Bob Jones eyes UK
Wellington-headquartered investor Robt. Jones Holdings has added to its commercial and industrial property portfolio and is turning its attention to the British market.
Big landlords face squeeze
The Reserve Bank is working on new regulations for loans to big property investors which are likely to see them pay higher interest rates.
Law firm ordered to pay more for Blue Chip losses
A Tauranga law firm will have to pay $150,000 more to retirees who lost money in Blue Chip, a Court of Appeal ruling has found.
Andrew Bruce: Long term landlords want long term tenants
As a long term landlord Andrew Bruce seeks long term tenancies because he takes a long term view of his investment properties.
Kiwisaver: Rules for first-home buyers
Home buyers heeding the Prime Minister’s advice to consider an apartment can qualify to use KiwiSaver funds.
Spring house prices surge 11.8%
Auckland house prices have hit a new high and national sales volumes rose 11.8 per cent last month in a big spring resurgence.
Bank eyes curbs on speculators
The Reserve Bank is eyeing measures to discourage speculators from buying multiple houses as it acknowledges its loan-to-value ratio (LVR) restrictions have favoured investors.
West Auckland's new mall cinema plan
West Auckland is about to get a huge boost, after a big landlord this morning announced a $36 million expansion and upgrade of New Lynn's LynnMall shopping centre.