Latest from Commercial Property

The big building shake-up

The gigantic task of upgrading New Zealand's earthquake-prone building stock to a safe level has not yet sunk in, Housing and Construction Minister Maurice Williamson says.

Resurgence a perilous time for builders: industry chief

An Auckland construction boss has warned about the building resurgence, saying now can be the most perilous time for businesses.

Scott St John: Markets reach much better place

Liam Dann: Bold developers key to our cities

The collapse of Mainzeal has people worrying about who will construct the residential and commercial buildings required for Christchurch, writes Liam Dann.

Brian Rudman: Collapse painful for all but bosses

Imperilled are the jobs of hundreds of employees, and the financial future of numerous subcontractors, writes Brian Rudman. The latter are now at risk of being bankrupted for no fault of their own.

Contractor fails in bid to take gear

A mainzeal contractor has been issued with a trespass order after trying to remove $1 million worth of equipment from an apartment building yesterday morning.

Recession hammered building firms, say chiefs

New Zealand's commercial construction sector has been nailed into the ground by the recession, industry chiefs say, and Mainzeal Property and Construction's receivership came after a string of others.

Mainzeal subcontractors: 'It's theft'

Angry subcontractors are trying to retrieve their tools locked in a Wellington Mainzeal construction site after the company went into receivership.

Mainzeal work halts

Work has stopped on a number of Mainzeal developments around Auckland today after the construction firm was placed into receivership yesterday.

Apartments plan for Wynyard Quarter

Nearly 1000 apartments and townhouses priced from $500,000 are planned at Wynyard Quarter on the Auckland waterfront when the first block of residential land is offered to developers in March.

Sweltering temperatures to continue (+video)

The country will continue to swelter, as temperatures in some areas reach at least 30C today.

Desperate as drought hits

Apartments drive building consents

Consents for 127 retirement village units is one feature of strong building consents data for December.

Bayleys beefs up Far North effort

Last chance to sign up for new hub

With Rotorua's new convenience retail complex the Redwood Centre, located about 3km east of the city's CBD, due to open on Friday only a few tenancies remain to be filled.

New Lynn units start at just $246k

SkyCity's high stakes Adelaide gamble

Homes to spring up on golf course

More than 700 members of one of Auckland's best-known golf clubs are upping sticks and moving south.