Infrastructure Investment stories
Jobs and cashflow are under pressure as New Zealand's construction sector braces for a slow restart after lockdown.
Demand for affordable Auckland townhouses is squeezing supply, as first-home buyers snap up projects off the plans before building begins.
Transport spending could lift office, industrial and retail demand, but it may also squeeze supply and push up development costs.
A new report has reinforced pressure on ministers to back council infrastructure spending, after all eight cities were classed as severely unaffordable.
Tight listings and lower bank serviceability tests are helping to lift New Zealand house values, with Auckland appearing to have bottomed out.
Sixty-one terraced homes in Manukau will be priced from GBP £289,000, as the project packages whiteware, landscaping and parking.
Nationwide house values rose 0.4% in October, as easing lending tests drew buyers back and lifted annual growth to 2.8%.
Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.
New Zealand property investors remain upbeat despite a proposed capital gains tax, with Colliers finding prices and confidence still broadly positive.
NSW’s near GBP £47 billion infrastructure pipeline is expected to lift property values and spur development around three Sydney rail projects.
Patients could get faster access to prescribed cannabis as Melbourne Airport prepares to host Australia’s largest medicinal marijuana plant.
A strengthening global market is lifting optimism in construction, as a new report shows the industry emerging from the financial crisis.
Backed by government grants, the Wodonga factory will supply timber panels to most of Australia within 24 hours as demand rises.
Foreign capital now dominates New Zealand’s biggest commercial property deals, as domestic investment fell 77% to GBP £400 million in 2017.
Tight vacancy and rising rents are keeping Auckland industrial yields near record lows, despite signs of slower growth later this year.
Auckland occupiers and investors face fresh disruption as the government revives the East West Link in a scaled-back $800 million form.
Rising demand for homes, jobs and green space is driving multi-billion-dollar city makeovers from Paris to New York and Cairo.
More than 20 councils joining GoShift could cut delays and costs for builders, developers and homeowners across New Zealand.
Limited industrial land in Napier is being turned into 20 lots for lease or sale, with demand lifted by regional growth and shortages.
The $240 million Convention Centre deal is expected to reassure investors, developers and suppliers while creating jobs in Christchurch's CBD.
