Affordable townhouse projects in Auckland will get a lift as the non-bank lender commits GBP £75 million to new residential developments.
Physical distancing has been eased on building sites, but workers must still sign in, wash hands and stay home if unwell.
Landlords and retailers say the dispute process risks dragging out rent talks, despite most tenants and owners already reaching deals.
Auckland’s housing market has held up, with prices little changed after lockdown despite sales volumes halving in May.
Lower deposits and record-low borrowing costs are giving first-home buyers their strongest opening in more than a decade this winter.
The 361-hectare South Auckland project could add USD $2.3 billion to the economy and house 2,000 people by 2027.
Homeowners could save NZD $18 million a year as councils drop consents for sheds, carports and other low-risk work from August.
Public buildings face tighter access controls as coronavirus drives demand for safer, greener entrance systems across Australia and New Zealand.
Companies may rethink desk assignments, cleaning routines and remote working as pandemic-era habits reshape office design and technology.
With mortgage rules easing, the Government is being urged to soften New Zealand's foreign buyer ban to help revive property sales and investment.
New Zealand house prices climbed to a record high in April even as lockdown froze the market and sales volumes plunged 78.5%.
Buyers in Auckland’s Belmont are being offered sustainably built terraced homes with electric bikes as New Zealand eases property viewing restrictions.
New Zealand’s wage subsidy extension and infrastructure spending are meant to blunt soaring unemployment as the economy heads into recession.
New distancing and travel rules aim to help builders restart safely under Level 2, with updated protocols now available online.
Queenstown looks most exposed, with tourism reliance and Airbnb saturation making its property market vulnerable to a COVID-19 downturn.
A slump in private development could let ministers add 9,400 state houses, easing a record waiting list and propping up builders.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
A Singapore research project is warning against over-optimism as its Covid predictions remain uncertain and meant only for educational use.
Easing loan-to-value rules is only part of the fix, with commercial landlords warning wider support is needed to prevent a deeper downturn.
New safety rules will let building sites reopen under Alert Level 3, helping protect workers and avoid a return to stricter lockdowns.
