Sale is part of Infratil’s ‘legacy portfolio’ divestment strategy, with funds to be reallocated into its data centre developments.
Big banks start rolling back one-to-two-year mortgage rates, while longer-term rates remain higher.
Many new builds in Auckland CBD were built in the belief NZ’s largest business drawcard would be up and running long ago, Templeton Group founder says.
Asking prices hit a 10- month high in March, rallying back above the $1 million level as interest rates fall.
A new report says tinkering with regulation and the foreign buyer ban have capped the city’s ability to build more and cater for its swelling population.
Left-field environmental proposal at $58m to save municipal asset, will be considered as part of the longer term business plan.
Eden Park Trust showcases its plan for the revamped 70,000-seat national stadium, complete with retractable roof.
Construction, hospitality and property continue to be hardest hit, according to credit bureau numbers.
The listed property firm has done its homework and is looking at elevating its presence in the resurgent tertiary student market.
Stadium vote favours Eden Park 2.1 and throws spanner in an opposing plan for a new waterfront stadium precinct.
