Latest from Commercial Property

Inflation Nation: Surging house prices leave rentals in the shade
When it comes to the property sector, inflation varies from low to eye-watering

Failed food outlets pocketed $1m in Covid wage subsidies, didn't pay taxes
Taxpayers are in the gun twice: first for the wage subsidies, then for the unpaid taxes.

'Forgotten treasure' housing plans hit snag: Developer loses court ruling on trees
It plans a much larger scheme for the land but even its tree-planting is ruled illegal

Untidy Christchurch properties may see rates quadrupled
Financial incentives may be used to get unkempt lots tidied up in the city centre.

House sale numbers, prices slide: REINZ's forecast for what happens next
When did the market turn? Late 2021, according to Westpac.

Rates rises of the rich and famous: Auckland billionaire's $248k bill
If you're dreading your next rates bill, take a look at what rich Aucklanders are paying.

Christchurch rush: 344 offers for 37 units in one day
The unbuilt units don't even come with car parks or garages.

Big Read: How developers can learn from Ihumātao, Pūtiki Bay, Mataharehare
How can developers successfully engage with iwi?

Stalled townhouse project cost developer extra $500,000
Developer complains about neighbours parking vehicles to stop trucks entering site.

Pain and gain: Who will bear the brunt of new Auckland Council rates charges?
Find out if you are in one of the areas hardest hit by new rates charges.

Spot the blunder: What's wrong with this photo?
'Some days I'm simply lost for words,' wrote an Auckland councillor.

Land banking by supermarkets should be banned: ComCom
Warehouse Group, Food and Grocery Council, Consumer NZ cite duopoly strangling land.

Skyrocketing property values revealed: Where Auckland CVs have surged the most
Find out the latest council valuation and rates bill in your area.

Multi-millionaire hotspot: NZ suburb that boasts almost 1000 houses worth $5m+
Check out the suburbs with the most mega-mansions and also the cheapest housing.

'Embarrassing': Developers on Kāinga Ora property problems
Building houses overseas and shipping them here not seen as sensible by some.

Watch: Fletcher raising the ground at Three Kings quarry
Around 200,000 truck-loads of soil raised the 15.1ha quarry floor by 10m to 15m.

Cost blowout, delays hit 21-unit state housing project
Kāinga Ora is sticking by its decision to go modular and with overseas builders.

Why a Grey Lynn block was upsized 115%
Ockham has five other projects worth $650m under development.

Mīharo! Which iwi are doing best financially
Tens of millions being distributed as well as housing, education, career help.

Ex-All Black's helipad: Council wants more information
Westmere scheme draws many questions from senior council planner.

The dame, the billboards and the neighbourhood fight
Fashion designer/businesswoman triumphs, barring neighbour from property.

'It hasn't sunk in yet': Meet the $10 million man, Dudley Barton
He first tried to sell half in 1996, then fought the council over $400,000 rates

Why this $344m project will be NZ's coolest building job
"The idea is to build it completely in New Zealand and then take it down there."

More top Auckland restaurants shut temporarily
Waterfront places now on the list of temporarily shut eateries.

Anti-marina protesters lose another Waiheke battle
The protester's lawyer cited the developer's conduct which escalated the situation

Builder launches new $120m apartment business
Construction chief launches new Auckland train station-oriented apartment business.

Revaluation surge helps push Vital profit up 86 per cent
Outlook is for a "stable earnings stream" in a defensive sector.

Summerset profit boosted by $543m revaluations
6600+ older people live in around 36 "resort-style" villages owned by the company