Latest from Commercial Property

Ten-year home leases? Build to rent pioneer proposal

Land availability and prices, rising construction costs, poor infrastructure are barriers

$1b Commercial Bay a year on: How is retail faring?

"My expectation is people will come from offshore and go, wow, you guys nailed it."

Government studying build to rent sector: Woods

'Lack of rental supply to meet growing demand is a key problem for the housing sector.'

Apartment developer in strife: Lost $35m, owes another $17m

Apart from the $35m loss, West Village owes unsecured non-preferential creditors $17m.

Back on the tools: dawn karakia marks CRL resumption

Around 750 workers will be back on the tools today.

Kiwi Property questioned over $442m plans - but not on Ikea

Some property insiders think Kiwi wants to bring New Zealand's first Ikea to Sylvia Park.

MIQ squeeze: Why are 18,500 hotel rooms going unused?

MBIE investigating new Rotorua and Christchurch options to expand MIQ

Stride Property pulls Fabric Property IPO

Now is the right time to list in spite of Covid and lockdowns, CEO said last week

Kiwi Property plans 540 build-to-rent Auckland units at Sylvia Park, LynnMall

The dual development will cost around $442 million.

Consumer NZ seeks probe on 'misleading' retirement village claims

"There's no guarantee you'll get a bed if you need it" - Jon Duffy, Consumer NZ.

'Shocking and disappointing': Developer on 660% fee hike

New Auranga township had tens of millions of dollars invested in it by Ma's company MADE.

Level 4 hit: House sale numbers drop to lowest level since 2014

Lockdown started 11.59, August 17: sales affected for nearly half the month.

Why Stride is floating off new $931m NZX company amidst Covid

New company: 77 per cent of the $931m portfolio is either prime or Grade A.

Covid lockdown: Workers' pay might soon be cut, says building chief

Building businesses "may need to start reducing pay for workers in Auckland".

New $300m Halswell mini-town centre gets consent

Pool, gym, cinemas, apartments, supermarket, childcare and housing planned for site.

Surprise new property business to list in $250m IPO

Fabric will buy a huge new Mansons TCLM building in Newmarket

'Properties available for sale will decrease': REINZ chief

An extension couldn't come at a worse time, with spring a traditionally busy period.

Too close to power? Vector, WorkSafe v developer

Either sink power cables into the ground or build a new power pole: solutions offered.