Destruction of value has seen multiple buyers unable to finance their purchases, while the statutory managers hold firm on original pricing.
New housing report again paints tough road for younger New Zealanders to buy their own home amid high prices and interest rates.
Latest report shows no annual uplift in the country’s busiest market, while Australia has the opposite problem.
Betting KiwiSaver investor money on build-to-rent developments, Simplicity could be the first through the gate and to 1000 BTR units.
Master Builders say less regulation is good regulation as a fragmented consent system can add up to 15% in costs.
An injunction against selling the North Canterbury golf resort by a Hong Kong developer has failed.
Manager and lenders agree that a sale process is the 'appropriate step' at this time.
A planned facelift to Michael Hill's The Hills and two ski hill expansions backed by billionaires, make Bishop’s list.
While apparent issues at its Sunfield development site can be overcome with ‘basic engineering,’ CEO says.
Former golf course members are the next in a growing queue of outstanding debt for the failed developer.