Asset Management stories
Market turmoil has scuppered Centuria Capital’s NZD $180 million bid for Augusta Capital, sending the fund manager’s shares down 8.3 percent.
Early input from facilities managers could cut costs and improve new buildings' long-term quality, according to a BRANZ report.
Without user charges, the new drinking water regulator could still leave New Zealand councils struggling to fund overdue upgrades and growth.
Sensors, drones and automation are reshaping building upkeep, with smarter systems promising lower costs and better occupant comfort.
Uncertainty over project timing is hampering hiring and investment, with 77% of contractors wanting a clearer pipeline of government work.
The real gains will come from analytics and workflow software, not from simply adding more connected sensors to buildings.
Clients on mega-projects could see fewer overruns as an alliance deploys AI to flag risks earlier and improve decision-making.
With population growth and climate change mounting, utilities are rolling out new operations, reuse and safety measures to secure future supply.
Automation is becoming a priority for commercial real estate firms, even as many still rely on spreadsheets and play catch-up on digital tools.
Severe drought is accelerating demand for leak detection and pipe refurbishment as Australia tries to protect water supplies across vital networks.
The survey cut inspection time to a day per tank and reduced scaffold-related risks, as the ship sat in Singapore for ABS checks.
Labour shortages and rising costs are pushing construction firms towards telematics, with 79% already using the software to track fleets and cut fuel use.
Contractors say New Zealand’s ageing water networks need faster decisions, after ministers deferred reforms and left regulation unresolved until late 2019.
Pressure is mounting for councils to focus on community wellbeing as water reform exposes funding and delivery gaps in local services.
Government-backed registration for Wellington’s first BIM conference has already drawn more than 150 expressions of interest from the sector.
Most Kiwi builders are missing out on returns from new kit, as skills gaps and poor systems integration blunt tech gains.
Australian projects have been recognised among 57 finalists from 420 nominations in Bentley Systems’ global infrastructure awards.
The £620 million Darlington Upgrade Project is testing coatings and construction methods meant to protect Adelaide’s new motorway for decades.
An ageing state-housing portfolio is driving poorer social outcomes as demand in New Zealand’s cities outstrips supply, Housing New Zealand says.
Facilities managers are facing lower costs and faster fault response as connected sensors and software automate maintenance across buildings.
