Property developers stories
Passengers could soon book flying taxi trials in Melbourne or Sydney, as Uber prepares to name its first international test city on Monday.
The project will add a 3,000sqm town square and mixed-use buildings to central Takapuna, with work expected to begin from mid-2020.
Automation is becoming a priority for commercial real estate firms, even as many still rely on spreadsheets and play catch-up on digital tools.
Limited prime office stock is pushing Auckland CBD rents and yields higher, as hotel conversions leave developers short of sites.
Affordable housing will remain out of reach unless ministers back new greenfield development and broader planning reform, an expert warns.
A nationwide shortage of listings pushed New Zealand house prices up 6.2% in July, though Auckland remained virtually flat.
Auckland’s city fringe is bucking the downturn as higher-quality apartments there now command an average asking price of NZD $1.35 million.
Tenants and landlords may need to rethink parking, charging and delivery space as autonomous vehicles alter how commercial sites are used.
Timber is giving Australian builders a cost and speed edge as a Rotorua conference spotlights its growing use in commercial construction.
Home owners and developers will get free expert advice on permits, costs and planning as Jalcon opens a new Design and Build Hub.
A coordinated overhaul could unlock more homes in Auckland, after a taskforce report highlighted the barriers holding back development.
A record 82 projects are in contention for New Zealand’s top property prizes, with winners to be revealed at a sold-out Auckland gala.
Rising finance costs and subcontractor shortages are likely to delay some Auckland projects as construction inflation remains elevated.
The group’s Auckland office has lifted its NABERSNZ tenant score to 5 stars, underscoring lower energy use for occupiers and landlords alike.
Rents are climbing as Auckland's industrial vacancy rate falls to 2.1 per cent, the lowest level Colliers has recorded since 1995.
The upgrade is set to lift the Wellington tower's seismic rating to 88 per cent and put 7,000 square metres back on the market.
Tighter bank funding and rising borrowing costs could curb deals and pressure prices in New Zealand's commercial property market this year.
Green building could lift investment returns and productivity, with New Zealand's property sector warned it must cut emissions as cities grow.
