Author Curreen

Construction
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Melbourne airport will soon be home to Australia’s largest state-of-the-art medical marijuana facility after signing a deal with ASX-listed medicinal cannabis grower Cann Group Cann signed a heads of agreement on Wednesday for the lease of a five-hectare site in the Melbourne Airport precinct, according to The Urban Developer. Continue →
Infrastructure
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Shipping container specialist Royal Wolf has expanded its nationwide network and container fleet with the acquisition of storage and container company Spacewise The purchase will see Royal Wolf expand from 12 to 16 locations around the country, including two new satellite offices in Timaru and New Plymouth, and add a substantial number of units to its existing container fleet. Continue →
Construction
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The New Zealand Institute of Building and building supply merchant Carters have launched a series of skills training workshops for construction managers, those managing commercial building sites and larger residential projects The Building Legends workshops have been specifically designed to provide training to accelerate the development of the next generation of New Zealand’s construction managers. Continue →
Property Management
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Uncertainty and complexity around a tenant’s make good obligations can lead to costly disputes at the end of a lease – but property experts say better processes can help tenants and landlords avoid common pitfalls Make good clauses are written into most commercial property lease agreements. Continue →
Commercial
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Demand for sites at the Western Precinct of  Titanium Park continues to grow, with nine sites sold or under contract – leaving only 40% of the precinct available Waitomo Energy and importer and distributor of agricultural machinery, Webbline, are the latest companies to identify the business park as an important strategic location from which to expand business activity across the region. Continue →
Construction
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With New Zealand open to pre-engineered housing and construction from off shore, developers and those thinking of entering the market from a New Zealand base may be interested the latest market report by leading global technology research and advisory company Technavio The global pre-engineered building market is expected to register a CAGR of around 8% during the period 2018-2022. Continue →
cities
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Construction has begun on Egypt’s shiny new capital city to ease the congestion of overpopulated capital Cairo, The Urban Developer reports Located 40 kilometres from Cairo, the US$45 billion ($60bn), yet-to-be-named city is set to replace the tired Cairo capital, with the government promising “a new lifestyle, new community and a new worldwide centre of attraction”. Continue →
Property Trends
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The $23.3 million sale of a seven-storey commercial building on Auckland’s K’Road shows offshore investor appetite for CBD properties with solid fundamentals remains strong The sale of 75 Karangahape Road is the third substantial Auckland CBD transaction involving overseas buyers within the last month. Continue →
Property Trends
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Confidence in New Zealand’s residential property market is now higher than before last year’s election, with house price increases expected in every market surveyed Colliers International’s latest quarterly Residential Property Market Outlook Survey found overall sentiment in the residential property market has continued to track upwards this year, gaining 8 percentage points in the last quarter. Continue →
Sponsored
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The premier annual event for the facilities & property management and systems integration is turning its attention to the burning issues of climate change and energy management With a Zero Carbon imminent and international (Paris) targets looming, the design, construction and operation of the built environment has multiple contributing factors to climate change – and better management holds the key to minimising compliance costs. Continue →
Property Trends
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A year-on-year price increase of $27,000 has seen New Zealand achieve a new record median house price of $562,000 – a 5.0% increase – according to the latest data from the Real Estate Institute of New Zealand (REINZ)   Median prices for New Zealand excluding Auckland increased by 5.8% annually to $455,000, up from $430,000. Continue →
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