Property Investment stories
Smaller investors are finding childcare centres attractive as Auckland’s expanding sector keeps occupancy above 80 per cent and demand strong.
The property group’s portfolio value topped USD $2 billion after an $89 million revaluation gain, with more uplift expected from developments.
Restricted bank lending in New Zealand is opening the door for developers to secure debt or equity funding from commercial property investors.
Shoppers in Lower Hutt will gain a new draw at Queensgate this year, as the mall completes its post-earthquake rebuild and reopens fully.
The Brisbane tower’s timber frame is expected to cut carbon emissions and set a new benchmark for large-scale office developments.
Tighter vacancies and buoyant Auckland demand have lifted sentiment for warehouses even as office and retail confidence weakened nationwide.
Businesses are finding it harder to secure quality central-city space as Auckland’s CBD vacancy rate hits a record low and rents rise.
Visy's $100 million investment will fill Titanium Park's Western Precinct, with the packaging group building a three-hectare facility near Hamilton airport.
New Zealand’s office and retail markets are cooling, though returns remain above the 10-year average as overseas yields narrow.
Occupants in Wellington’s Aorangi House are seeing lower energy use and better comfort after a 1970s block was refurbished for efficiency.
Investors are snapping up regional accommodation as New Zealand’s tourism boom pushes enquiry and sales to record levels.
Most of the 71 homes are already sold as construction looms on a Mount Maunganui project with prices from NZD $440,000.
The sector's direct GDP contribution of NZD $29.8 billion outstrips manufacturing, agriculture and health, a new report says.
Rising finance costs and subcontractor shortages are likely to delay some Auckland projects as construction inflation remains elevated.
Prime office vacancy in Wellington has hit a record low as post-quake supply shrinks, leaving landlords set for higher rents.
Finalists across New Zealand’s property sector will vie for honours at a gala dinner in Auckland on 16 June.
Auckland buyers face rising prices as 3,840 apartments are forecast to be completed next year despite labour and cost pressures.
Wellington’s future growth could be slowed by quake risk and a funding model that makes new housing increasingly unviable, says Property Council Chief Executive Connal Townsend.
Rents are climbing as Auckland's industrial vacancy rate falls to 2.1 per cent, the lowest level Colliers has recorded since 1995.
More than GBP £250 million of hotel stock changed hands in 2015/16, as tourism growth pushed yields lower and drew overseas buyers.
