Feline loving Christchurch couple booted from rental for keeping 20 cats
A Christchurch couple with 20 cats in their rental have been given the boot and ordered to pay $4000 to fix the carpets and curtains.Craig and Maryann Dance had earlier been booted from the Woolston unit they rented from Toby Agnew... More
What a difference 10 years makes: Hastings and Napier property prices soar by 80%
What were you doing in Hawke's Bay in 2009?If you were buying a house in Napier or Hastings, congratulations. The value of your house has risen 80 per cent in 10 years, new statistics show.CoreLogic measured the growth in value... More
Are Fletcher's NZ earnings at the top of the cycle?
Fletcher Building says activity in all parts of its New Zealand markets is "elevated'' but its managing director doesn't want to say whether current earnings should be viewed as top-of-the-cycle results.And he doesn't like the suggestion... More
Fletcher Building turnaround gets lukewarm response as investors look for better economic conditions
Fletcher Building's return to profit and a $300 million share buyback met a lukewarm response from analysts and investors with the result being well flagged and headwinds in Australia continuing."Investor confidence in FBU is at... More
Jailed landlord can't evict his ex-lover because their daughter lives with her, tribunal rules
A prison inmate who tried to take his ex-partner to the Tenancy Tribunal over unpaid rent has been knocked back because the pair's teenage daughter is also living with her in his house.Nigel John Cunningham and Terryn McCormack... More
Dynamics of the 'golden triangle'
Experts from New Zealand's largest full-service real estate agency have produced the first in a series of reports examining the impact of infrastructure development on the commercial and industrial market.Bayleys Infrastructure... More
Prized Nelson wine brands on the market
The capital-intensive demands of the wine industry are a deterrent for many young winemakers and viticulturists wanting to stamp their own mark.Mike Laven, the viticultural specialist at Colliers International, says most do not... More
Fletcher Building turnaround: last year's $190m loss becomes $164m profit
Fletcher Building made $164 million in net profit after tax in the year to June 30, turning around the previous year's disastrous $190m loss.Investors liked the result, sending the share price up 18c or 3.94 per cent to $4.75 shortly... More
Pile of rubble on Australia's most exclusive street goes on the market for $26 million
An abandoned lot in Australia's most expensive street has gone on the market for A$25 million ($26.4m), just seven months after it was last sold for A$22.5m.The mystery owner of 42 Wolseley Road, Point Piper is selling what is now... More
Prime Minister Jacinda Ardern speaks on Ihumātao after visit to Māori King
Prime Minister Jacinda Ardern is set to speak to media about progress in attempts to settle the ongoing occupation at Ihumātao following her meeting with the Māori King.Ardern was today scheduled to have a private sit-down... More
Why luxury penthouse owner wants $11m after buying Sentinel unit for $7m
The American selling one of New Zealand's most luxurious apartment says he won't take less than $11m after paying $7m two years ago.Ron Patrick, the New Jersey-born cashed-up vitamin heir who has dual United States/New Zealand citizenship,... More
American selling $8.1m Sentinel penthouse after bolthole purchase: 'nobody's going to bomb NZ'
An American multimillionaire with interests in the vitamin industry is the seller of Takapuna's Sentinel penthouse apartment, with a rateable value of $8.1 million.Via his Patrick Farms investment vehicle, Ronald Patrick owns unit... More
Auctions drive landmark sales
Bayleys says its commercial and industrial listings magazine Total Property has helped drive some of the country's landmark real estate sales.As the publication turns 20, True Commercial looks back at some of those defining sales.One... More
Syndication uptake signals ongoing investor demand
The rapid uptake of Silverfin Capital's largest-ever property syndication scheme shows there is still plenty of investor demand for blueprints with good projected returns, says the company's CEO. The Inghams portfolio scheme, marketed... More
Wairau Valley units with a blank canvas for upside
Four warehouse units on a freehold site in the Wairau Valley industrial precinct are for sale as a tenanted investment with the opportunity for immediate rental upside.The 2024sq m property, at 78 Diana Dr, on Auckland's North Shore,... More
Retail and industrial property portfolio
A commercial and industrial property portfolio in Masterton - featuring a block of high street shops, a vehicle testing station, and an industrial hub - is on the market for sale.The three properties are based at various locations... More
Investors set to dive into scuba centre
Land and buildings housing an underwater diving centre and a laundromat in Whitianga are on the market for sale.The premises, at 10-12 Campbell St, in Whitianga's central business district, sits at the intersection with Owen St... More
Packhouse and cool store for sale
The land, buildings, and business sustaining one of the biggest privately-owned horticultural packing and distribution centres in the Western Bay of Plenty are on the market for sale.The complex, at Trig Rd, Waihi, features more... More
Soon to be vacant medical centre for sale
Land and buildings once housing a full-service medical centre in Paeroa are on the market for sale or lease.The purpose-built premises, at 15 Princes St, had six tenants all of which have either relocated to new premises in Paeroa,... More
12-year sale and leaseback in Penrose
Kiwi-owned company Phoenix Metal Recyclers is selling its large Penrose industrial site on a new 12-year lease as the owners look to expand the business to meet growing demand.The sale and leaseback presents an opportunity to invest... More