Latest from Commercial Property

Assignee drops Peters bankruptcy bid

Authorities are giving up the fight to put former property developer Jamie Peters back into bankruptcy and will withdraw their case against him from the Court of Appeal.

Govt hints at early start to City Rail Link

The Government is looking at an early start on the $2.4 billion City Rail Link - but only for a short section of the route to go with the redevelopment of the Downtown Shopping Centre.

Y not buy this idyllic waterfront site?

A YMCA owned waterfront block of land at Waiwera north of Auckland is being marketed for sale as an ideal development opportunity for the construction of a large waterfront

Sloping in the right direction

A 10 level freehold office building known for its distinctive sloping profile in the heart of the city and in the Art Gallery precinct has been put on the market offering investors a chance to buy into a strategic CBD location.

Stylish stairs inspired by depot building

A stylish new staircase was installed this month on the City Works Depot office and retail site off Nelson St in Auckland's CBD.

Iwi arm pays well over CV for block

Ngati Whatua Orakei Whai Rawa has paid slightly under $70 million for a new Auckland office block with a council valuation of $35.5 million

Infrastructure report: A billion-dollar business

Office building refit puts art up for sale

Two out of seven floors of Fletcher House have been refitted in open-plan style, partly prompting the sale of 55 works of art in New Zealand's most significant art collection.

SkyCity full-year result gets tick

Analysts appear to be satisfied with SkyCity Entertainment Group's performance, despite a drop in annual profit.

Bluechip boss in bankruptcy release bid

Precinct Property lifts profit as Auckland rentals strengthen

Council execs work with stunning views

More and more Auckland Council executives and staff are moving into central city offices with million dollar harbour views.

Church opens doors to progress

An Auckland-based church centre in Hillsborough near Mt Roskill is for sale now that a larger centre is being built near Auckland Airport.

Buyers fork out $65.5m for three towers

A wealthy Hong Kong family have bought three office towers in Auckland's CBD for $65.5 million in one of the biggest property deals of the year.

Summerset first-half profit growth slows

New Zealand's third-largest retirement village operator, increased first-half profit at a slower pace as it focuses on developing villages for future growth.

Vital Healthcare buys Perth-based psych hospital

Vital Healthcare Property Trust has bought a 31-bed psychiatric hospital in Western Australia, for A$13.5 million.