Resort continues to fire, while Auckland hotels and tourism operators bank on a big November, as city comes off sedate October.
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.
The 341-square-metre home, bought for $1.68 million in 2018, had a capital value of $2.19m.
Steel fabricator could be canary in the coalmine as a victim of Seascape tower impasse.
Pallas Capital says construction lending now accounts for more than 10% of its trans-Tasman book after a standing start two years ago.
Shareholders vote to replace their management company amid debt, tenancy crisis.
Financial markets regulator also concerned about assumptions of a high degree of liquidity simply because an investment is listed.
Owners of Tauranga office property have called a special meeting over concern about the future of their investment.
Conversion specialist says New Zealand’s second biggest city has a more ‘favourable attitude’ towards getting developments across the line than Auckland.