Rental listings were up 4% month-on-month during November, with ‘oversupply’ scenario tempering rental prices.
Northbrook development delayed for 12 months in expectation of lower costs.
Statutory managers PwC amassed $267,000 worth of fees to mid-December for management of Du Val's $35 million build-to-rent fund, though another deal could be signed by Christmas.
Coldplay and Pearl Jam concerts helped boost Auckland's hotel rates for the first time this year.
An entity connected to New York-based lender Arena Investors pulled the plug on the 86-home development.
In the worst year for commercial property in at least a decade, 2024 saw the market fall to less than $6b in deals, down from $10b pre-pandemic.
Recession, what recession? Top three apartments priced at a combined $44m as buyers snap up 24 of 30 apartments in the upmarket Albert Street tower.
Supply and demand office imbalance in Wellington CBD, while Auckland tenants start getting picky about eco-credentials.
The company has settled its long-standing debt with the tax department.
Resort continues to fire, while Auckland hotels and tourism operators bank on a big November, as city comes off sedate October.
