Zuru to build eco-friendly, smart homes for half current costs
Toy manufacturing and consumer packaged goods business Zuru plans to disrupt the global housing market with smart, eco-friendly homes for under half current construction prices.Zuru, the business founded by Kiwi siblings Mat, Anna... More
'It's dreadful': Auckland real estate agent's unique approach to selling Henderson property
An Auckland real estate agent has dropped the facade and taken a unique approach towards selling a run-down Henderson property.The three-bedroom, one-bathroom house is described as "neglected, run-down ragamuffin needs urgent care".Under... More
Sydney shock 10.1% house value drop: warning of effect on NZ
Sydney house values have dropped 10.1 per cent since last year, prompting a New Zealand economist to warn of a possible knock-on effect here.Sydney's housing slump reached a new milestone, with values falling further than the late... More
Aussies told to prepare for 'severe housing collapse'
Australia's regulators have been warned to prepare "contingency plans for a severe collapse in the housing market" that could lead to a "crisis situation" in one or more financial institutions.The Organisation for Economic Co-operation... More
KiwiBuild boss Stephen Barclay in employment dispute with Housing Ministry
KiwiBuild boss Stephen Barclay is in an employment dispute with the Government department overseeing the massive house construction scheme, the Herald understands. Amidst growing calls for Housing Minister Phil Twyford to say... More
Corbel creditors owed more than $5m - liquidator's report
Collapsed construction firm Corbel owes creditors more than $5 million, according to the liquidator's first report. Unsecured creditors are claiming $4.6 million from Corbel Construction, while secured creditors BNZ is owed $266,000... More
OneRoof teams up with Valocity
OneRoof.co.nz has teamed up with mortgage and valuation software company Valocity to power NZME's online real estate resource that pulls together all things property into one service. OneRoof, owned by Herald publisher NZME, provides... More
Heat on Twyford to reveal all about KiwiBuild chief's mysterious departure
The heat is on Housing and Urban Development Minister Phil Twyford to front up about the KiwiBuild chief's sudden and unexplained departure but Twyford says he can't talk about a civil servant. Latest: KiwiBuild boss Stephen Barclay... More
Northland couple awarded more than $84,000 damages for faulty wall panels
A company which supplied defective wall panels which cracked after installation has been ordered to pay more than $84,000 in damages to a Northland couple.Randolph Urlich and his wife Karen planned to build their dream home on Tokerau... More
China's Belt may support NZ projects
China's Belt and Road Initiative (BRI), a long-term project planned to establish the People's Republic as the world's biggest trader, could have flow-on benefits for major New Zealand infrastructure projects, says Ryan Johnson, Bayleys'... More
Toberua Island is 'stuff of dreams'
A high-end island resort described 'as one of the jewels of the Fijian archipelago', is on the market.New Zealand Sotheby's International Realty agent Chester Rendell is selling Toberua Island Resort, a state-of-the art facility... More
Recent Deals for Saturday December 8
Auckland City units Units A, B and C totalling 359sq m on the ground floor of 12-14 O'Connell St, Auckland CBD, have sold for $5.2m at a 6.41 per cent yield through Nicolas Ching, Beterly Pan and James Chan of Bayleys' international... More
Tauranga food precinct fully leased
The new two-level dining precinct at what will be Tauranga's largest shopping centre, has been fully leased almost half-a-year ahead of completion.Eighteen new eateries and restaurants will open when the second stage of Tauranga... More
Push for prefabricated commercial buildings
Labour constraints, rising material costs and demanding compliance procedures in commercial and industrial property construction, are pushing some developers toward modular construction.Bayleys national director for commercial and... More
Precious metropolitan office pockets
Recently completed office buildings have created new pockets of vacancies outside Auckland's CBD, contributing to a 1.6 percentage point increase in the metropolitan office vacancy rate.The latest Colliers International metropolitan... More
Two Katikati office buildings
Two modern standalone office buildings are for sale either individually or together at Katikati.Just off SH2, the buildings occupy 13 Talisman Dr, a prominent 2221sq m site, opposite the public library and a substantial public car... More
KiwiBuild chief gone after just five months: Barclay leaves top role
KiwiBuild chief executive Stephen Barclay has left the organisation after only five months in the job.Barclay was appointed in May to steer the Government's flagship scheme to build 100,000 homes in a decade. Barclay, who has... More
Heritage experts have high hopes for century-old, original Cheltenham bach
One of the few remaining largely unaltered beach-front Auckland baches is on the market.The Devonport home's kitchen faces away from the golden sand beach looking out to Rangitoto Island, the master bedroom has pink walls and a... More
Hamilton councillor calls dream of owning home impossible
Hamilton City councillor Angela O'Leary has called the Kiwi dream the Kiwi impossible, after new property valuations put more pressure on house prices.O'Leary posted on her Facebook page that in 2009 she bought her three bedroom... More
High-exposure North Harbour industrial
A versatile industrial property for sale or lease in a high-exposure, low-vacancy North Shore location will likely appeal to a range of tenants, owner-occupiers and investors.The 755sq m warehouse, showroom and office property at... More