Left-field environmental proposal at $58m to save municipal asset, will be considered as part of the longer term business plan.
But Infometrics says it stands by its independence and findings that short term accommodation has ‘little impact’ on rental and real estate markets.
Seismic Shift: Owners should get insurance premium discounts if their homes are more resilient.
Social housing provider relied on outsourced home and land deals for 41% of its new homes last year.
Falling property values, rising interest costs, and rental vacancies create problems for proportionate ownership schemes.
UPDATE: Transaction confirms underlying value for publicly traded retirement village and aged care businesses, analyst says.
Council says it will retain the 999-year encumbrance and wants developer to foot the bill for $200,000 in clean-up costs.
Christ Church Cathedral Reinstatement Ltd chair Mark Stewart on the landmark restoration.
Though the average home build still comes in at about $3250sqm.
Time taken to get consents over the line through New Zealand’s 67 consenting authorities is seen as a major roadblock to building, and part of the reason for rampant build cost inflation.