Latest from Commercial Property

Waiwera's derelict and abandoned hot pools: New hope for a thriving future

Pools and a bottling plant were once owned by Russian Mikhail Khimich, who has died.

Builder leaves unfinished $85m Onehunga apartment scheme

Builder leaves huge project: buyer needed to take over and finish 85 units.

Foley Wines granted consent to buy Central Otago vineyard

Business expanding via developments in Central Otago, Wairarapa.

5000-home development rejected by Housing Minister for fast-track treatment

Winton Land has 1500 of 5000 homes consented: plans will proceed on smaller scale.

Billionaire Friedlanders buy leaky Auckland apartment block

"We hope that the previous owners got some relief from our purchase" - Creemers

Goodbye Gewürztraminer, hello sav blanc

"Operating model used to run the vineyard was clearly not sustainable" - Steven Murray.

Strewth: Pre-made Aussie bathrooms for Avondale state units

Where five state homes once stood, now 18 state apartments are on the Avondale site.

March house prices up but market cooling

'We're seeing the market moderate' - REI chief executive Jen Baird

Owners of 40-level Auckland apartment block sue for $140m

Fire, structural, weathertightness and internal moisture defects are alleged.

Fixing $750m convention centre - the next steps after the fire

Three years after the massive fire, work is about to start rebuilding the roof.

Buyers' market: New data confirms sagging house values in every main centre

The power is shifting to buyers - CoreLogic data out today.

What's being done to solve the Gib crisis?

The three-pronged attack aimed at solving the drastic Gib plasterboard shortage.

Hold your horses! Fast-track plans for 370 homes on racecourse land hits bump

"This fast-track legislation is being used wrongly." - Troy Elliott.

55-level apartment tower to be NZ's tallest

"Aspects of the tower design have been heavily influenced by local Māori iwi" - report.

Who's the most leveraged listed property business?

Some of the businesses stand out as extremely conservatively geared.

Fletcher to buy part of Ellerslie racecourse for $100m+

Local residents and retailers will be consulted about plans for seven-level blocks.