Latest Real Estate Headlines

Property For Industry contract worth more than $42M

Mon, 29 May 2017 12:55:24 +1200 | BusinessDesk

May 29 (BusinessDesk) - Property For Industry's management contract is worth more than the $42 million the industrial property investor will pay to bring the contract in-house, which should pave the way to higher dividends, says an independent appraisal ...More >>

PFI - Notice of Annual Meeting

Mon, 29 May 2017 10:48:21 +1200 | Property For Industry Limited

Industrial property landlord, Property for Industry Limited (NZX: PFI, the Company), advises that its Annual Meeting of Shareholders will be held on 11.00am on 22 June 2017 at Eden Park in Auckland. More >>

McLaren's Garage Gets New Lease Of Life

Mon, 29 May 2017 10:44:15 +1200 | Mike Pero

The spiritual home of one of the greats of Kiwi sport is to get a new lease of life - quite literally. More >>

Commerce Commission investigates Ron Hoy Fong

Sat, 27 May 2017 13:38:42 +1200 | New Zealand Labour Party

Commerce Commission investigates Ron Hoy Fong The decision by the Commerce Commission to investigate Ron Hoy Fong and his questionable advice to property investors to use fake names and target ‘dummies’ is good news, Labour’s spokesperson on ...More >>

Foreign Buyers’ Land Grab Set to Escalate

Thu, 25 May 2017 19:13:14 +1200 | New Zealand First Party

The land grab by foreign buyers in New Zealand is set to ratchet up, says New Zealand First Leader and Northland Member of Parliament, Rt Hon Winston Peters. More >>

Ngāi Tahu Property doubles size of the Kerepeti development

Thu, 25 May 2017 14:50:51 +1200 | Ngai Tahu Property

Ngāi Tahu Property has entered into a development agreement for one of the last undeveloped sites in Hobsonville Point. More >>

Further blow to the West Coast – Jacksons Tavern

Thu, 25 May 2017 12:13:05 +1200 | Harcourts

In complete contrast to the property boom across much of the country, the historic and iconic Jacksons Tavern on SH73 on the South Island’s West Coast is going up for auction on 15 June with a declared reserve of only $200,000 – half it’s rateable ...More >>

Regional hotel sales signal rising demand

Wed, 24 May 2017 10:52:48 +1200 | Colliers International

Demand for regional hotels is on the rise following a record number of hotel sales in New Zealand's main tourism markets. More >>

Property Council announces National Awards nominations

Tue, 23 May 2017 09:55:45 +1200 | Property Council Of New Zealand

The nominations for the Annual National Property Council New Zealand Rider Levett Bucknall Property Industry Awards have been announced. More >>

Erosion control funding round opens

Tue, 23 May 2017 09:53:21 +1200 | New Zealand Government

Associate Minister for Primary Industries Louise Upston has welcomed the opening of the next round of funding for erosion control in the Gisborne region. More >>

Substantial pastoral station placed on the market for sale

Mon, 22 May 2017 13:57:14 +1200 | Bayleys Realty Group

An expansive sheep and beef station has been placed on the market for sale. Waipaoa Station spreads across 1667 hectares some 58 kilometres north-west of Gisborne. More >>

Era of compressing rates lives on despite external signals

Mon, 22 May 2017 11:45:07 +1200 | CBRE

Yields are continuing to firm across the Auckland commercial property market bucking what was expected to be a reverse trend based on market sentiment, according to CBRE’s latest Marketview report.More >>

Gordon Campbell on housing, exploding lap-tops & Jon Taplin

Fri, 19 May 2017 12:27:01 +1200 | Gordon Campbell

O K, and since we’re all barrelling towards the Budget and beyond … how useful a thing really is National’s programme of building 34,000 houses, as a solution to the crisis of housing affordability? Answer: not very. The details are here .More >>

Auckland suburban and city fringe apartment markets strong

Thu, 18 May 2017 13:58:12 +1200 | Colliers International

Auckland’s suburban residential apartment sales volume is nearly as high as that of city fringe, suggesting the two markets remain strong with minimal supply. More >>

Goodman Property reports 9% decline in full-year profit

Thu, 18 May 2017 13:10:56 +1200 | BusinessDesk

May 18 (BusinessDesk) - Goodman Property Trust, the NZX-listed commercial and industrial property investor, reported a 9 percent decline in full-year net profit on a deferred tax payment and lower investment property revaluations and was slightly less upbeat ...More >>

Wellington regains from earthquake

Thu, 18 May 2017 12:40:15 +1200 | CBRE

Wellington – With a reduction in vacancy and rental pressure continuing to increase in the Wellington commercial property market, elevated occupier demand is expected to underpin a strong period of growth for the rest of 2017, according to latest research ...More >>

GMT’s Auckland Industrial Strategy Delivers $220.5m Profit

Thu, 18 May 2017 12:12:39 +1200 | Goodman Property Trust

The benefits of a high quality property portfolio and an investment strategy focused on the Auckland industrial market is delivering impressive financial results for Goodman Property Trust. More >>

Infratil Results for year ended 31 March 2017

Thu, 18 May 2017 11:13:28 +1200 | Infratil

Infratil's consolidated underlying EBITDAF from continuing operations was $519.5 million up 12.4% from the $462.1 million reported in 2016. Net parent surplus was $66.1 million compared to $438.3 million in the prior period which benefited from ...More >>

Employment market - “Salary Plus” was candidate focus in '16

Thu, 18 May 2017 10:46:50 +1200 | Madison Recruitment

Strong demand for specialised skills during 2016 saw sought-after candidates looking for more than just higher pay, the Madison 2017 Employment Market Report shows.More >>

Another Record Median Price as Volumes Ease

Thu, 18 May 2017 10:31:04 +1200 | Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of NZ (“REINZ”) shows there were 220 fewer lifestyle property sales (-9.3%) for the three months ended April 2017 than for the three months ended April 2016. Overall, there were 2,156 lifestyle ...More >>