Real estate stories
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, according to JLL.
DatacenterHawk, a leading global data center real estate analysis platform, aims to meet the growing demand for data storage solutions.
Orbital Insight is a geospatial analytics company, and Mike joins us today to tell us a little bit about the company's role in the APAC market and future plans.
Industrial rents are being pushed higher by record-low vacancy, as office and retail markets in Auckland, Wellington and Christchurch tighten.
Rental-home developers are set to gain retroactive relief from interest deduction limits, with 10-year leases required to qualify.
Sharply higher mortgage rates and refinancing demand are set to deepen New Zealand’s property slowdown, CoreLogic warns.
Experts say the government’s adaptation plan may leave councils and vulnerable communities exposed to worsening floods, heat and sea-level rise.
Higher inflation and 30-year-high interest rates are forcing landlords and tenants to renegotiate rent formulas as costs and vacancies diverge.
Materials shortages and labour pressures have pushed CoreLogic’s residential construction index to its steepest annual rise since late 2012.
Lifting price caps is expected to unlock stalled Auckland projects after the lender set aside GBP £600 million for about 1,000 homes.
A voluntary new tool will let property groups measure social sustainability impacts across construction projects, precincts and assets.
Demand is still holding up this winter, with first-home buyers helped by easier deposit rules and lending changes despite softer sales.
Prime office shortages are squeezing Auckland, Wellington and Christchurch, even as higher costs and hybrid work test new projects.
Higher mortgage costs and tighter lending are set to keep house prices under pressure, with June marking a third straight monthly fall.
Renovation spending has surged to its highest level since 2019, with New Zealand homeowners budgeting more despite rising material costs.
Lower entry-level house prices and wider government support are nudging first-home buyers closer to ownership despite rising rates.
The city was the only New Zealand region to post an annual fall, with sales also down 38.3% as buyers paused amid higher rates.
Tighter, costlier credit is set to deepen New Zealand's housing downturn, with CoreLogic warning of more price falls and weaker sales.
Borrowers face higher mortgage costs and further house price weakness as the Reserve Bank signals the OCR may peak around 4% by mid-2023.
Industry groups say Labor’s policies could ease affordability pressures after its weekend win made housing reforms more likely.
