Property management stories
Desirable school zones are propping up prices and fuelling buyer demand as families hunt for homes with stronger future resale prospects.
A third of the 400 apartments are already occupied as the 59-level Southbank tower opens, signalling stronger demand for rental stock in Melbourne.
Covid-19 has pushed digital adoption in New Zealand property, though six in ten firms still rely on spreadsheets to track portfolios.
Housing pressure is driving New Zealand's first large-scale build-to-rent scheme, with 295 apartments planned for Sylvia Park in Auckland.
The franchise's headquarters will move to Manawatu after Tim Kearins bought Derryn Mayne's 25% stake in Century 21 New Zealand.
Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.
Older buildings could lock in high emissions unless retrofits and digital twins cut energy demand before 2050.
New qualifications could ease a shortage of facilities managers, after employers said they struggle to find local candidates.
Tenants will gain stronger eviction protections and annual rent caps, but landlords warn the new law could shrink supply and lift rents.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
Easing loan-to-value rules is only part of the fix, with commercial landlords warning wider support is needed to prevent a deeper downturn.
Landlords face stricter eviction rules during the lockdown, as tenants must be 60 days in arrears before Tribunal action can begin.
Commercial landlords could face rent relief claims as lockdowns trigger emergency no access clauses in many New Zealand leases.
Tenants face a temporary freeze on rent rises and evictions as New Zealand's four-week COVID-19 lockdown halts viewings and house moves.
Early input from facilities managers could cut costs and improve new buildings' long-term quality, according to a BRANZ report.
Rental demand, low upkeep and strong returns are the key tests for buyers weighing up a property investment, advisers say.
The real estate group is set to expand faster in New Zealand after Derryn Mayne bought a 25% stake, bringing ownership back into local hands.
Fewer rental homes and higher rents could follow a capital gains tax, with landlords also cutting back on professional property managers.
Landlords face fines of up to USD $4,000 from 1 July, as contractors struggle to insulate 125,000 rental homes in time.
North Waikato's Turangi and Huntly outperformed Auckland rivals as Century 21 New Zealand handed out its 2018 national awards in Auckland.
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