Real estate stories
Industry professionals will hear how AI, robotics and the Internet of Things could reshape buildings, facilities and urban spaces at an Auckland expo.
House sales have slumped by nearly a quarter nationwide, prompting REINZ to urge a review of lending curbs for first-time buyers.
The 52-metre scheme would replace the Leader’s Building and could briefly make central Wellington home to a record-breaking timber tower.
The factory could ease housing shortages by speeding up and cheapening construction, with excess capacity set to serve Southeast Asia.
Vacancy in Auckland’s CBD rose to 3.6 per cent in June, giving businesses seeking prime offices some relief after years of scarcity.
Record visitor numbers helped push hotel and motel consent values to GBP £490 million in the June 2017 year, Stats NZ says.
For most staff, easy access to cafes, public transport and car parks matters more than a nearby supermarket, a Colliers survey found.
New home approvals edged higher nationwide, with Auckland still dominating even as Canterbury's post-quake rebuild boom faded.
House buyers in Auckland could be paying about GBP £530,000 extra because land use rules are inflating prices, a government-backed report says.
Retail centres are shifting towards food, social spaces and experiences as shops fight to lure people away from online shopping.
Tenants and landlords may need to rethink parking, charging and delivery space as autonomous vehicles alter how commercial sites are used.
A government-commissioned report says land rules may account for up to 56 per cent of an average home's price, worsening affordability.
A crown-backed fund could unlock housing developments by easing councils’ debt constraints and paying for roads, water and sewerage.
The NZD $600 million seed fund could unlock more housing by speeding roads and water projects, easing a major bottleneck for developers.
Councils in fast-growing areas could unlock thousands of new homes as the government puts up to $600 million into roads and water works.
Hawke’s Bay builders picked up a Gold and two Silver Awards at the East Coast House of the Year contest, underlining strong craftsmanship.
Record export growth has fuelled multi-million-dollar development and sales across Hawke’s Bay, with a planned GBP £0 new berthing facility at Napier Port.
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.
