Kathmandu to raise $200 million to cushion Covid-19 blow
Kathmandu was yesterday placed into a trading halt ahead of the equity raise.
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Latest fromBusiness around NZ
Pandemic sparks expat Kiwis to hunt luxury Auckland housing market:
"They go into lockdown, then they get on the keyboard" - Jaffe
House-building approvals break 45-year record, coronavirus impact still unclear
But where to from here for house building?
'It's harder to get out': Sir John Key on the challenge in ending a lockdown
What happens after three weeks? Do we go back to level three or level two?
Over $1 billion in property deals on ice
Investors across the industry have been hit by the downturn.
Quarter of Kiwi hotelier's global properties shut
Around a quarter of the 120-property Swiss-Belhotel International chain are shut.
SkyCity cuts staff wages by 20%, plans redundancies
Unfair for wages and salaried staff to be treated differently, argues union.
Hallenstein Glasson cancels dividend
The company says sales were up before disruption from Covid-19 set in.
Coronavirus: 128 cranes on big building sites stand idle
Contractors could suffer severe financial hardship.
Should commercial property tenants pay rent for premises they can't use?
What rent liability for tenants barred from entering premises?
How rich and famous live in the lockdown - enjoying homes usually only seen in the dark
"Stay home, save lives" - Harry Hart
Workers on Avatar film accuse landlord of coronavirus profiteering
Three film crew from Avatar's cancelled film set say landlord unfairly pocketed $20,000.
Free or cheaper Airbnb rentals offered to coronavirus medical workers
Airbnb wants to match medical workers tackling coronavirus with safe places to stay.
Metlifecare claims $1.49b takeover deal still on, even with termination rights
"APVG has termination rights" - Metlifecare on takeover deal.
Tenants found moving house during lockdown warned by police
There is confusion over whether tenants and house sellers and buyers can move homes.
Australians suddenly scrap $180m NZ property takeover
Centuria suddenly terminates Augusta takeover - NZX notice
Coronavirus: Sistema factory workers leave factory over health and safety fears
Workers at Auckland plant walk out in what union calls a "health and safety strike".
The company bringing perspex screens to dairies, supermarkets
Business has increased tenfold for the company.
Working from home? Employer still has obligations to you
Employees checklist or audit of their new workplace suggested
Fletcher Building cancels dividend, buyback, guidance
Fletcher is the latest company to can its dividend.
Mike Hosking talks to MBIE Deputy Chief Executive Paul Stocks
Mike Hosking talks to MBIE Deputy Chief Executive Paul Stocks to clarify the list of essential businesses that can remain open.
Malls scrap some food court seats, eye issues running essential operations
"Health and operations are more important" - Campbell Barbour.
Retirement giant abandons profit outlook, shuts NZ building sites
"Ceasing construction in New Zealand within the next 36 hours" - Ryman
Landlords, agents back rent freeze for 1.5m tenants
Landlords have been advised to talk to their banks early.
Coronavirus: Emergency help for 1.5m tenants
Emergency tenancy measures "during this difficult time".
First case citing coronavirus before Tenancy Tribunal, lawyer expects big changes
Landlord unable to return from China: coronavirus travel restrictions
Retirement village posts security guards at gates
Summerset has ramped up security around its retirement villages.
SkyCity shuts Australian venues as lockdown comes into force
SkyCity's Auckland, Hamilton and Queenstown outlets remain open.
How coronavirus will hit the real estate industry
Potential long- and short-term scenarios revealed.
Kiwi ups height on new Sylvia Park tower, mall expansion finishing
Kiwi Property talking to a hotel business about operating accommodation on the top levels.
Owners revealed of 20 most valuable NZ homes
Top 20 NZ homes: all is revealed in a never-before-seen list.
Six foundation areas probed at NZ's tallest apartment tower
"We would expect signoff on the foundations around mid-year." - council chief.