$1b+ Oyster Group fund suspends investor withdrawals, selling properties
It says the fund must keep capital to meet its needs and service higher borrowing costs.
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Latest fromResidential Property
'It's a nightmare': Crackdown on unruly tenants not enough
One man said Kāinga Ora has let them get away with it for so long, nothing will change.
IRD scathing of commercial and industrial property tax hike
The change flies in the face of the Government's commitment to improving productivity.
Political Roundup: Will the rental tax cut improve life for renters or landlords?
OPINION: 'Of course, many MPs are landlords and will benefit from these new tax cuts.'
Wayne Brown calls on Chris Bishop to stop 'dopey mandate' on housing intensification
Chris Bishop said he will respond soon to the Auckland Mayor's request.
New planning rules allowing more housing for Te Puke signed off
Density standards include allowing three homes on a site and houses up to 11m high.
Two ministers clear giant $96m Hamilton purchase, new hub planned
Big new commercial hub and logistics centre is planned.
Letters: Housing costs driving crime; Ginny Andersen’s Mark Mitchell quip
OPINION: & cynical corporates: 'Reminds me of plastic tikis being sold in souvenir shops.'
ELE group collapse: Receivers’ report puts claims at $12.3m - who's owed money?
Buildhub, another labour hire business, had 60-70 staff. They were all sacked on Friday.
What you need to know about likely mortgage rule changes
The possibility of debt-to-income ratios being used has worried first home buyers.
Prosecution of property developer pointless, judge says
Charges against Dave Henderson described as "waste of taxpayers' money" by judge.
Mighty row over large-scale housing development in quiet river valley
"They don't want the river or the haven to be harmed."
Property Insider: Bombshell decision on 40-level tower; what's wrong with airport's new carpark?
What's everyone really talking about in property? It's all here in one place.
Du Val Group was ‘technically insolvent’ last September
Liabilities were $21.4 million ahead of assets in the last financial year.
Deemed too risky: ‘Crucial’ housing plans delayed 10 years
The housing development is expected to offer homes for 15,500 people.
'Immensely challenging' - Mitre 10 head office bosses on problems paying suppliers
'Interfacing between new and legacy systems while we transition to our new platform.' CEO
Beachfront property at risk of eroding into the sea sells at auction
A buyer has bought the Haumoana property which boast spectacular views - with a catch.
What Fletcher Building might declare in half-year result next week
Gearing could be at the top end of the range and dividends to shareholders could drop.
'Living hell': Owners of The Ridge apartments try to sell entire building
Seven-level block with 60 car parks advertised 'as is': apartment owners try to exit.
The value of financial assets owned by 10 big post-settlement iwi
Asset returns decreased and half the iwi reported financial losses.
The prominent Herne Bay residents opposing Watercare’s sewer plans
Business people, investors and many others cite reasons to stop sewer project proceeding.
Residential building consents fall from all-time high
Just 80% of consents result in construction now, down from 95% previously: one estimate.
'They’re building a ghetto': Residents unite in opposition to Kāinga Ora's plans
A meeting of 80 residents has agreed the proposed development is too intense.
'Where is the money?' Creditor of Auckland house builder asks question
A subcontractor complained he was owed more than $80,000.
Hospital architect unveils repurposed glasshouse home
Dunedin Hospital architect Tessa Kingsbury has popped the champagne in her new home.
Put a bung in it: Former homeowner tells new owner after $17k leaking pool claim
The ad said: "Beautiful homestead complete with swimming pool for those hot, sunny days."
Vermin and stench: Some NZers living in ‘homes unfit for human occupation’
Agencies described rundown homes cluttered with rubbish and infested with vermin.
Vacant $50m property in central Auckland vandalised as former owners look for a new home for the disabled
The new board at Laura Fergusson Trust is now looking for a new facility in Auckland.
Property Insider: $33m Auckland block bought pre-election for scrapped light rail
'Irresponsible' said Simeon Brown of the rail business buying so close to the election.
Hero to zero? Buyers cautious about Auckland's stunning cliff-top homes after slips
Property values took a hit as a result of extreme weather events.
Six of NZ's flashest homes on the market right now
If you could have any dream home, would it be one of these?
Cheap as: 2023 – the year of price-slashing, mortgagee sales and $1 reserves
How the bottom of the market performed in one of the most difficult years for real estate.
2023′s biggest house sales revealed - ‘Buyers have money and options’
Luxury residential sales have sailed along largely unscathed in the rarefied air.
Reality of high interest rates sets in economy-wide
Bank data shows SMEs and commercial property owners are doing it particularly tough.