Real estate stories
Planning reforms could add GBP £4 billion in annual value and 39,200 jobs, as states weigh faster approvals and clearer rezoning rules.
House prices in major cities have held firm through the downturn, though UBS warns falling rents and weaker incomes could trigger a correction.
Auckland’s central city is set to benefit from the $5b City Rail Link, with property values, investment and demand for quality offices holding up.
Remote working has widened attack surfaces, with 40% of executives reporting more cyber attacks as cloud adoption rushed ahead.
Nationwide property values rose 0.8% in September as low rates and scarce listings kept demand firm despite the economic downturn.
Guests will see more touchless entry, easier-to-clean surfaces and flexible layouts as hotels redesign to curb infection risks and crowding.
Hong Kong tops the global list for home prices, with an average residential property costing USD $1.23 million despite pandemic uncertainty.
The Christchurch studio’s leadership is set to strengthen its architecture and design offer across New Zealand and overseas after the pair's promotion.
Record house prices and strong sales are fuelling doubts over Treasury’s forecast of a 5% fall by June next year.
Lockdown failed to cool Auckland’s housing market, as August sales hit a five-year high and prices reached fresh records.
Auckland landlords and developers now face slower office demand and delayed projects as COVID-19 and recession fears cloud the recovery.
Cities with lower poverty and stronger infrastructure are likelier to attract workers and firms as pandemic-era habits reshape where people live and invest.
Takapuna could gain from a post-lockdown office shuffle as workers seek cheaper space and more home working weighs on Auckland's CBD.
Remote teams can still generate ideas if managers mix field research, in-person sessions and better use of digital tools.
Footfall at co-working centres plunged as lockdowns slashed use, even though flexible offices are expected to regain ground after the pandemic.
Tighter lending criteria and renewed virus restrictions are likely to cool mortgage demand after July’s NZD $6.6 billion peak.
Pent-up demand is expected to lift sales as Aucklanders return to the market after nearly three weeks in lockdown.
ANZ sees a deep slump in dwellings as Covid headwinds, job losses and weak investor demand push construction and prices lower.
Rents are falling in Queenstown and other pockets, but most areas are still posting gains as the recession deepens and job losses loom.
Auckland and Dunedin buyers are skewing towards mortgaged investors, as July's share hit a four-year high despite fresh Covid-19 uncertainty.
