Latest from Commercial Property

Ghost town no more: Karaka developer spends millions on water fix, unlocking 5000 new homes

Housing subdivisions that sat frozen since 2019 can now be built.

'Clever way to deal with a slow market' - apartment developer offering two-year mortgage suspension

Developer John Love says the market is slow, so he is offering an unusual apartment deal.

Payment battle: Builder and apartment owners clash over $3m-$4m Quattro repair bill

The body corporate claims Teak owes money for delays and defective work.

Real NZ house values down 31.3% since peak of October 2021

New REINZ data only focuses on month-to-month changes.

$3.7m loss for Rodd & Gunn after Canadian problems

Although the retailer generated more revenue in 2025, it also took a big hit from Canada.

Victopia owners near end of $72m, six-year repair saga as scaffolding comes off

Doughnut-shaped top scaffolding is scheduled to be removed by January 8 as works finish.

How much underground water will the new Waiwera Thermal Springs use?

The old pools used 292,000 cubic metres annually. The new ones could take 325,000cu m.

Movers got 67% of work from Arvida: liquidated after contract cancelled

After Americans bought Arvida, which then cut costs, the movers lost their contract.

Contractor to be appointed to rebuild fire-hit New World Victoria Park

New store to have a contemporary design but keep essence of previous one.