Environment Court rejects $200m plans for eight-level Mission Bay apartments, shops
The Environment Court has turned down controversial plans for an eight-level $200 million waterfront Mission Bay retail and apartment scheme in a case which turned on building height and bulk.The proposal would have seen major change... More
Covid 19 Delta outbreak: Digger driver in $7900 Auckland-Brisbane seat today
Just after midday today, an Auckland digger operator will board an Inflite Charters nine-seater jet to fly to Brisbane on a $7900 ticket his boss bought him.Stacey Anderson is going to Brisbane courtesy of Mike van Hest of Westpoint... More
Napier: One of the iconic Six Sisters villas up for sale
One of the identical villas built along Napier's Marine Pde - best known as the Six Sisters - has gone up for sale.The heritage-listed property at 185 Marine Pde is part of a row of two-storey Victorian villas affectionately labelled... More
Covid-19 coronavirus lockdown hits house sales: prices, volumes drop
The lockdown drove national house prices down 6.5 per cent from August to September and Auckland house prices down 4.2 per cent.Price rises in what was the seemingly unstoppable house sales juggernaut were halted by the pandemic... More
Covid exacerbates problems for Māori and their businesses: new Westpac report
Covid has exacerbated hardship for Māori whose businesses were growing but remain under-represented in our economy, Westpac NZ says.Simon Power, acting bank chief executive, today released findings of a report by BERL and OpinioNative... More
Shelly Bay developer says land occupation will come to end soon: opponent not so sure
Developer Ian Cassels says the land occupation at Wellington's Shelly Bay will be "coming to an end reasonably soon". But Mau Whenua member Catherine Love says that's news to her. The $500 million development planned there, featuring... More
Vital Healthcare buys A$92.75m Adelaide cancer centre, seeks $140m
Listed medical landlord Vital Healthcare Property Trust has bought a A$92.75 million Adelaide cancer centre and wants to raise $140m in New Zealand to fund that and other developments.NorthWest Healthcare Properties Management said... More
Residential developer Winton Capital ponders NZX listing, might seek $200m-$400m
Low-profile residential developer Winton Capital is examining listing on the NZX, reviewing its financial structure and might seek up to $400 million.The business is considering the best way to raise money to fund its retirement... More
Surplus inches closer as Government books billions of dollars on rising property values
A rebounding economy, generating nearly $100 billion in tax revenue, helped the Government's Covid-battered books edge closer to surplus this year.In fact, if you include the tens of billions of dollars of gains the Government made... More
CoreLogic analysis: Auckland the big city most vulnerable to a fall in house prices
Auckland is the big city most vulnerable to a significant fall in house prices, while Christchurch is the least, a new vulnerability index has found.The index by analysts CoreLogic draws together a wide range of measures - including... More
339 square metre Queenstown property sells for $3.1 million
A prominent property overlooking Queenstown's CBD has sold to a local buyer for $3.1 million plus GST.The two-level character dwelling at 10 Man St recently served as the police station for the first two series of locally-shot... More
Quotable Value: House prices surge anew as buyers vie for limited stock
By RNZ The rate of house price growth is picking up, as the number of new property listings decline during lockdown.Quotable Value's rolling three-month average house price index to the end of September rose 3.6 per cent, which... More
Profile poles finally up for billionaire Peter Thiel's proposed Wanaka house
Profile poles have been put up at the site of Peter Thiel's future Wanaka lakefront holiday home this week, after a complaint to the Queenstown Lakes District Council.Upper Clutha Environment Society secretary Julian Haworth said... More