Property Market Stories - Page 29

Kiwi Stories

Property Market stories

Quake forces rethink of quality and location

Office tenants in Wellington are facing higher rents and shorter leases after the quake, as vacancies hit a decade low and quality options dwindle.

By Staff Writer • 7 min read • Wed, 15th Mar 2017

Risk & Compliance

Chow brothers start multimillion-dollar refurbishment

The upgrade is set to lift the Wellington tower's seismic rating to 88 per cent and put 7,000 square metres back on the market.

By Staff Writer • 3 min read • Tue, 14th Mar 2017

Property Market

Auctions show Tauranga market continues to boom

Buyer demand in Tauranga stayed strong as all five auctioned commercial properties sold for USD $10.9 million, with out-of-town interest lifting prices.

By Staff Writer • 3 min read • Thu, 9th Mar 2017

Air New Zealand

Christchurch’s ‘best office building’ for sale

Christchurch investors are being offered a rare premium office asset with 92 per cent occupancy and annual net income of NZD $3.3 million.

By Staff Writer • 5 min read • Wed, 8th Mar 2017

Ministry of Education

Demand for childcare places pushing up centre prices

Childcare centre values are climbing as scarce sites and strong public funding fuel competition among investors in New Zealand, especially Auckland.

By Staff Writer • 5 min read • Wed, 1st Mar 2017

Property Market

Opportunities abound in exciting year ahead

Tighter bank funding and rising borrowing costs could curb deals and pressure prices in New Zealand's commercial property market this year.

By Staff Writer • 4 min read • Tue, 28th Feb 2017

Disaster Recovery

Wellington is full, says first post-quake vacancy survey

Vacancy in Wellington’s CBD has fallen below 8 per cent after the Kaikoura earthquake, leaving displaced tenants with few office options.

By Staff Writer • 3 min read • Sun, 26th Feb 2017

Auckland University

Surge in building work shines light on demolition crews

Auckland’s construction boom is driving demand for demolition specialists, as tight sites, asbestos and traffic risks make each job more complex.

By Staff Writer • 4 min read • Thu, 23rd Feb 2017

Supply Chain

Construction industry feeling the strain

Labour shortages, pricier materials and tighter credit are threatening to slow New Zealand's $37 billion building pipeline.

By Staff Writer • 5 min read • Wed, 22nd Feb 2017

District Health Board

Property deals show faith in Christchurch rebuild

Major sales and leases in Christchurch's CBD last year signal scarce prime stock and growing confidence among investors and tenants.

By Staff Writer • 3 min read • Thu, 9th Feb 2017

Auckland Council

Property Institute calls for review of target agreements

Homebuyers could be locked out for longer unless ministers rethink Reserve Bank rules after governor Graeme Wheeler's exit.

By Staff Writer • 3 min read • Wed, 8th Feb 2017

Small Business

Property Institute warns of ‘generational disaster’

Rising renter numbers are fuelling fears that fewer first-time buyers could reshape communities and dent the economy for years to come.

By Staff Writer • 2 min read • Wed, 11th Jan 2017

Fintech

Flurry of IPOs tipped for NZX in coming months, says Nikko Asset equities analyst

Kiwi investors can expect a strong pipeline of initial public offerings from New Zealand and Australian companies listing in coming months to take adv.

By Pattrick Smellie • 4 min read • Tue, 14th Apr 2015

Reserve Bank of New Zealand

NZ building consents fall for a third month in February

New Zealand residential building consents declined for a third month in February, as the pace of new home building slowed.

By Pattrick Smellie • 2 min read • Tue, 31st Mar 2015

Reserve Bank of New Zealand

Tepid inflation surprise raises spectre of lower interest rates

Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015

Housing

Auckland houses prices fall in February as volume, listings pick up

Auckland house prices fell in February, as listings rose and the number of properties sold reached its second-highest level in seven years for that mo.

By Pattrick Smellie • 2 min read • Wed, 4th Mar 2015