Latest from Commercial Property

New 52-room Napier hotel opens today

Room rates average from $220/night to $250/night.

Govt 'determined to see a change', PM says as house prices hit new record

Despite predictions of its demise, new NZ and Auckland house price records set

'I thought I was a goner': Agent's $19.7m sale after near-death accident

"I thought I was a goner, believe me - if you can't move your toe or thumb..." - Boulgaris

'Worst in 40 years': Builders facing fast rising costs as upset buyers pay more

Buyers at an Auckland development are being asked to pay 25 per cent more for new builds.

Chorus staff in Auckland to move offices in early 2022

In 2019, 66 Wyndham St was sold to an overseas business 80% owned by US interests.

'Inconsistent' price estimates: Auckland Council explains why CVs delayed

The valuation process has hit snags estimating land and cross lease values.

Fletcher Residential making foray into retirement village sector

No rest home, hospital, gym, swimming pool, hairdressing salon or bowling green at Vivid.

Drink bottle blocked sewer pipe at NZ's tallest tower: Builder

Blockage caused by an empty plastic soft drink bottle in the sewer stack at The Pacifica.

OneRoof report: Kiwis blame investors for soaring property prices

Housing's popularity as an investment and falling interest rates have pushed prices higher

Warner Bros wins state consent for Auckland land deal

The application met the criteria for approval for a foreign entity to buy Auckland land.

Auckland Council delays new CV release for third time

Council blames Covid complexities for delaying new CV release.

Radius interim profit drops from $2.1m to $1.3m

"We continue to see costs across the business rising" - CEO Brien Cree.

Asset Plus interim profit down 78%, $350m project downsized

"Re-emergence of Covid-19 has again subdued leasing activity and business confidence".

Oceania pushes up profit 22pc, Covid hit sales, building work

"Impacted sales, delayed building works, added direct costs" - CEO on Covid's effects.

Ali Williams, Anna Mowbray plans: Neighbours rally over chopper pad

"It's not personal against them. Just, not in the back garden." - Westmere neighbour.

Humble home nets $2m profit in 10 years

New council valuations are due out in Auckland and Wellington.

British 'athleisure' giant to open more shops in NZ

2nd store announcement in New Year "then we will look to open another eight stores" - CEO.

New Health Ministry guidelines out on apartment isolation

Self-isolating residents should get family members or friends to get their rubbish.