Construction
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World’s first underground hotel opens in Shanghai

After a decade of construction, the world’s first “underground” hotel looks set to open its doors The $210 million Shimao Wonderland InterContinental, located 30 kilometres from Shanghai, has been built in an abandoned quarry that plunges 80 metres below ground level. Continue →
Property Trends




Design
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Leading international architect to visit

A world-renowned visionary architect will tour five centres throughout New Zealand in October and November Alvin Huang isn’t yet a household name, but in the world of architecture, he’s rapidly becoming one of the most-respected young innovators in his field. Continue →
Engineering




Materials
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Australia’s first CLT plant begins production

Building material manufacturer XLam has set the pace for a timber revolution in Australian construction, the Urban Developer reports, with production officially under way at their newly opened Cross Laminated Timber plant in Wodonga The facility measures 12,000sq m and was announced in 2016, when the $25 million project was originally conceived to fill a gap in the industry responding to the demand for a sustainable, easy-to-use and fast building solution. Continue →
Compliance & Legal




Training & Management
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Two small towns shine in real estate awards

It was a big night for two North Island towns at the Annual Awards Gala Dinner in Auckland, where Century 21 New Zealand has announced its real estate winners for 2018 #gallery-2 { margin: auto; } #gallery-2 .gallery-item { float: left; margin-top: 10px; text-align: center; width: 50%; } #gallery-2 img { border: 2px solid #cfcfcf; } #gallery-2 .gallery-caption { margin-left: 0; } /* see gallery_shortcode() in wp-includes/media.php */ Huntly’s Barbara Craig, Ian Pepper, and Pescha Eccles Turangi’s Molly McLean, Roger Webb, and Wai Johnson   Roger Webb of Century 21 Premier (Turangi) was named Top Salesperson for the Year for Units (the number of properties listed and sold). Continue →
All News
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Is a capital gains tax something to be afraid of?

Things look good for both residential and commercial property in New Zealand, despite the potential impacts of a proposed capital gains tax, new Colliers International research shows Residential property price growth expectations remain broadly positive, even after the Tax Working Group’s proposal for a wide-ranging capital gains tax.  Continue →