Rental listings were up 4% month-on-month during November, with ‘oversupply’ scenario tempering rental prices.
Acquired by consortium of Pandey family's CP Group, Alvarium, Archipelago.
But rising interest rates, construction costs make it more difficult for ACC to find suitable community housing projects.
Intensification requires infrastructure spend not addressed in recent legislation.
The high-rise is due to be complete mid-2027.
Analyst says listed property firms are already trading at a discount to net tangible assets.
Tim Alpe back on board at the company, which also plans to roll-out pod hotel concept in Australia.
Claims strange legal setup meant they didn’t even own their central Auckland Scene Three investments.
Pro-Invest and IHG's $200 million Voco hotel project opened yesterday.
Liquidators were appointed to the New Zealand owner after the sale.
