Auckland Council has approved a 3,200sqm town square in Takapuna, paving the way for a $7 million revamp of Anzac Street carpark.
Clients on mega-projects could see fewer overruns as an alliance deploys AI to flag risks earlier and improve decision-making.
New dwelling consents are still climbing despite labour and materials constraints, with Auckland’s smaller homes now outpacing standalone houses for the first time.
Demand for warehouse space is rising as online retail squeezes physical stores, with New Zealand investors watching Australia’s boom closely.
Affordability and tight supply are driving activity in cheaper districts, with Tararua, Waipa and Selwyn topping the turnover rankings.
Auckland’s more permissive zoning is helping ease prices, widen lending and give first-time buyers a better shot at home ownership.
Poor planning is driving up housing costs and holding back productivity, according to Infrastructure New Zealand chief executive Stephen Selwood.
New Zealand operators can now tap a fast-growing office market as two thirds of large corporates plan flexible space use.
Affordability is pushing first home buyers to dominate purchases in several New Zealand suburbs, with some taking more than 60% of sales.
Designers can now visualise secure entrances in their own projects as HTS launches a product realisation service across New Zealand.
Auckland’s housing shortfall is worsening as consent and completion numbers slip, raising pressure on ministers to speed up land release.
It will add 226 apartments and a 233-room hotel to downtown Auckland as demand for CBD homes outstrips supply, with completion due in 2024.
Property demand in Auckland and Queenstown has softened after the ban, with foreign purchases plunging 81% in the first quarter.
Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.
Melbourne office tenants could soon get the city’s first premium timber tower, with GPT aiming to complete the Frame project in late 2021.
Passengers could soon book flying taxi trials in Melbourne or Sydney, as Uber prepares to name its first international test city on Monday.
New Zealand entrepreneur Mark Hurley is launching Jasper, a tech-enabled marketplace for investing in commercial real estate with lower minimums and fees.
Auckland's market weakness is dragging New Zealand house prices sideways, with suburbs still showing sharp gains in the regions and losses on the North Shore.
Buyers in boutique apartment projects are driving demand for custom layouts, hotel-style foyers and wellness spaces as competition intensifies.
Many landlords may simply hold properties longer or pass them on, as the proposed ring-fence is unlikely to slash rental stock or confidence.
