
Goodman payouts leave investors cold
Market players were left unimpressed by a big profit rise at NZX-listed landlord Goodman Property Trust, saying management were the only ones gaining financially.
Market players were left unimpressed by a big profit rise at NZX-listed landlord Goodman Property Trust, saying management were the only ones gaining financially.
Fourteen apartments, starting from $1.25 million, will be built on the Ponsonby Bowling Club site in Herne Bay in Auckland.
In the last quarter of 2012, there were 461 mortgagee sales, 11 per cent down from the previous quarter and 24 per cent less than the same quarter the year before, according to statistics released today by Terralink International.
A Property For Industry investor is waiting for more information on a proposal to almost double the size of the $382.2 million NZX-listed business.
Business editor Liam Dann is stumped as to what possible benefit the rise in the value of his house offers him.
Lynette O'Brien supports intensification of Papatoetoe so long as it is not like the "concrete jungle" of stucco townhouses in Shirley Rd.
Auckland Council has voted to stay in an organisation that calls itself the voice of commercial property - after rejecting pleas that citizens see a conflict of interest.
The voluntary administrators of a beleaguered Australian firm, which froze more than $100 million of Kiwi investments, have softened a statement regarding meeting creditor and investor obligations.
A large slice of prime beachfront real estate is shaping up as the next battleground for those opposed to multilevel housing.
New Zealand property prices rose last month but a supply shortage in some regions is starting to takes it toll on overall sales volumes.
Developers of two huge residential schemes knocked back by authorities in Auckland last week are vowing to fight for their right to build and are heading to the Environment Court.
Rental property is back on top as the most popular place for people to invest their money despite a stellar run from the New Zealand sharemarket last year.
House prices and overall sales numbers eased last month but the property market remains much stronger than a year ago, according to figures out this morning.
More prisons will be turned into working prisons where all prisoners will be placed in a 40-hour week programme of work and rehabilitation, says John Key.
Auckland homeowners are being encouraged to sell their houses to wealthy Chinese investors in a television marketing push.
Prime Minister John Key has called Labour's KiwiBuild housing policy "dishonest".
When looking for a first home, it's hard enough having to contend with all the other young families wanting their first step on the property ladder.