Author Curreen

Engineering
0

A modular apartment block has taken shape in just 28 hours in what the Chinese developer claims is a world first, The Urban Developer reports Chinese company Broad Group released vision of the tower that was lifted into place and bolted together in 28 hours and 45 minutes, in what the company claims is the “shortest construction period” for a building of that scale. Continue →
Commercial
0

Commercial office, retail and industrial markets, one year on from the end of New Zealand’s national lockdown, have performed more strongly than expected, according to a recent research report by Colliers The report notes that the effect of lockdowns on the commercial property sectors, both locally and internationally, however, has varied across market sectors. Continue →
Property Trends
0

CoreLogic’s House Price Index shows market momentum is starting to fade throughout the country, but some areas are already seeing values decline, CoreLogic Head of Research Nick Goodall explains According to the CoreLogic House Price Index (HPI), which is the most complete and robust measure of property value change in the market, nationwide values increased by 1.8% over June. Continue →
Housing
0

The Government has released the first draft of the Natural and Built Environments Act (NBA), one of the proposed laws meant to replace the cumbersome Resource Management Act (RMA) which has stunted New Zealand’s ability to build more houses Reforming the Resource Management Act has been seen as a once in a generation opportunity to improve New Zealand’s ability to deliver more housing. Continue →
Industrial
0

In Australia, an extra 500,000sq m of industrial space is needed each year to accommodate consumers’ appetites for online retail, The Urban Developer reports A CBRE report into the exponential growth of e-commerce and its impact on the industrial and logistics market has forecast an additional 35 per cent more space would be required to meet demand over the next five years. Continue →
Housing
0

A United Nations report suggests New Zealand follow in Canada’s footsteps by adopting a human rights approach to housing policy and makes 27 recommendations for Government to address the crisis The housing crisis is a human rights crisis in New Zealand according to the United Nations (UN) Special Rapporteur on adequate housing in a new report officially tabled over night at the UN Human Rights Council in Geneva. Continue →
Property Trends
0

CoreLogic’s Mid-Year Best of the Best review reveals the 2021 property market upswing is happening nationwide, not just in main centres Herne Bay remains New Zealand’s most expensive suburb (median value of $3.16m), but in terms of value growth, cheaper areas have been far superior. Continue →
Property Trends
0

REINZ’s latest figures are a clear indication that despite intervention from the Government and the Reserve Bank, house prices will continue to skyrocket until supply catches up with demand Median prices for residential property across New Zealand increased by 32.3% from $620,000 in May 2020 to $820,000 in May 2021, driven by inventory levels being at their lowest point ever. Continue →
Property Trends
0

Policies announced by the Government to control the housing crisis have started showing results, but Kalkine Chief Executive Kunal Sawhney says more needs to be done Real Estate Institute of New Zealand (REINZ) data saw house sales in April drop compared to March while the total number of properties sold declined by 28%. Continue →
Development
0

Precinct Properties New Zealand has announced it will start construction on the Covid-19-delayed One Queen Street redevelopment in Auckland which will complement the new $1b Commercial Bay retail precinct The Urban Developer The NZX-listed company is one of the biggest owner-developers of premium city centre real estate in the country, and will redevelop the premium site on the waterfront in the heart of Auckland at a cost of $305 million. Continue →
Housing
0

More houses, warmer homes and higher Māori home ownership were clear objectives in the Government’s latest budget, but they face criticism for lacking any real solutions to New Zealand’s housing crisis Finance Minister Grant Robertson announced his fourth budget, which will invest $3.8b in a Housing Acceleration Fund, insulate 47,700 homes and put $380m towards raising Māori homeownership, which currently sits at just 30%.  Continue →
1 … 15 16 17 18 19 … 39