The Kaipātiki local board has decided to retain a strong sports and community element at the AF Thomas Park, although finer details still have to be ironed out.
Property firm’s New Zealand arm moves into damage control after Australian CEO Dan Kernaghan falls on his sword in the wake of ‘stripper-gate’ and allegations of harassment emerge.
Developer is considering repurposing its upmarket waterfront Villard development into a five-star hotel as a hedge against residential downturn.
Vertical build specialist Icon Construction has moved onto site at Auckland’s tallest build, after almost a year-long pause and a four-month due diligence process.
Financial results for Du Val’s biggest project ‘feeder’ fund, previously not publicly available, show its single biggest loan was almost double its exposure limit.
The number of sellers prepared to drop their asking price edged up by more than a fifth last quarter, the country’s largest listing agency says.
The $500 million development, the first outside of Auckland, will be the largest of its apartment projects.
‘Unintended consequences’ for major builders make remodeling the foreign buyer ban an imperative for offshore investment, the industry says.
Under investigation by the FMA, the lender ceases operations and moves to realise its loan book.
‘Flooding the market’ with imports could overwhelm the system, industry federation says.
