
'Don't speak to media' - Taurus Group
Investors in property syndicates formerly run by SPI have been told to close ranks to the media.
Investors in property syndicates formerly run by SPI have been told to close ranks to the media.
In the last year, Auckland house prices were up 16 per cent and it is expected pressures will build up house prices even more.
New Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.
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.
Mortgage lenders have noticed an upswing in the number of people withdrawing money from KiwiSaver for a first home.
"Negligent" advice from a Tauranga law firm did not cause a Blue Chip investor's $90,000 loss, the Supreme Court has unanimously decided.
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.
Contestants in Television New Zealand's new hit DIY reality show may face tax bills of many thousands of dollars.
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.
A rare big block of Bay of Plenty development land in Ohauti, about 10 minutes' drive south of the Tauranga CBD, is to be auctioned next month.
Residents will next month begin moving in to the new $250 million high-rise SugarTree apartment development between Nelson St and Union St.
Graham Wilkinson's Christchurch-based Retirement Assets is spending $320 million developing and expanding three retirement villages and he is now hunting for further sites.
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.
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.
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.
Multimillionaire property investor Peter Cooper helped build the country's most important new heritage structure which opens tomorrow in the Bay of Islands.
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.
As a wave of pro-intensification development sweeps Auckland more residents will find themselves battling to preserve the character of their neighbourhoods.
An ex-wife and a widow who teamed up against their sister-in-law have lost the latest court battle in a dispute over a prized piece of coastal land.
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?
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.
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.
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.
Wellington-headquartered investor Robt. Jones Holdings has added to its commercial and industrial property portfolio and is turning its attention to the British market.
The Reserve Bank is working on new regulations for loans to big property investors which are likely to see them pay higher interest rates.
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.
As a long term landlord Andrew Bruce seeks long term tenancies because he takes a long term view of his investment properties.
Home buyers heeding the Prime Minister’s advice to consider an apartment can qualify to use KiwiSaver funds.