The rising Hawke’s Bay commercial property market is achieving “stunning” results says Pat Turley, director of valuers and property strategists Turley & Co. Continue →
In its recently released report on the retail property sector, Colliers says that report retailers have streamlined their operations, ramped up their sales campaigns and, in some cases, rationalised their space to meet the changing demand of the new consumer. Continue →
Poperty Council New Zealand says it welcomes the re-establishment of Hamilton Properties Limited (HPL), a Hamilton City Council owned development company, but warns that caution is needed when undertaking development projects. Continue →
A large block of undeveloped land identified as big enough to accommodate an approved new industrial or commercial hub in the Waikato township of Morrinsville has been placed on the market for sale. Continue →
A large parcel of undeveloped land on the edge of Lower Hutt’s commercial and industrial precinct has been placed on the market for sale through a receivership process. Continue →
CBRE Group has been named the top global real estate advisory firm in the annual Euromoney Real Estate Awards for the fifth consecutive year. Continue →
Alexandra Park’s largest penthouse has just sold for $4.75 million.
The development includes five penthouses sitting above Alexandra Park’s urban village now under construction on Green Lane West in Auckland. Continue →
Big organisations have led the return to a regenerating Christchurch CBD, leaving smaller operators in the suburbs according to commercial property company JLL. Continue →
Kiwi Property has secured IAG New Zealand (IAG) as an anchor tenant for a new $80 million office tower to be constructed at Sylvia Park Shopping Centre, in Auckland. Continue →
Office space in Auckland’s CBD is the tightest it has been for more than 20 years, Colliers International’s latest New Zealand Research Report notes. Continue →
It’s yet to be seen just how much of the latest Official Cash Rate cut will be passed on by retail banks, but Century 21 is expecting a strong spring and summer with low interest rates enabling more people into the market. Continue →
Four regions hit new record high median sale prices in July, with the national median sale price rising by $5,000 to $505,000, only $1,000 shy of the record median price reached in May 2016, according to the latest data from the Real Estate Institute of New Zealand (REINZ). Continue →
NZX-listed industrial property landlord Property for Industry Limited (PFI) has lifted operating revenues 9.7 percent to $35.2 million in the first half of the financial year. Continue →
Auckland Council has published the recommendations provided by the Independent Hearings Panel on the new planning rulebook for Auckland, the Auckland Unitary Plan which has been embraced and questioned by a number of property groups, businesses and employment bodies. Continue →