Latest from Commercial Property

Shovels in: Christopher Luxon, Wayne Brown at Beachlands

Up to 5000 new homes, a town hub and schools are planned in the south-east coastal area.

'Landmark development': $300m apartments planned beside Henderson film studios

Apartments, creative studio spaces and offices are all planned beside the Westie studios.

The biggest development projects lined up for Auckland

Work at the $1b James Kirkpatrick Group hub dominates: one warehouse alone is 65,000sq m.

Costco Wholesale will be able to sell alcohol in new Drury store

Costco made $361.5m total revenue in its latest trading period, although it's still new.

Auckland suburb set for huge new Costco development

'A location as great as Drury': Costco Wholesale country manager Chris Tingman.

Residents oppose plans for 9-level purple apartment block, The Kubrick, in wealthy Auckland suburb

It could be much worse. Plan change 120 means area zoned for 15 levels, opponents admit.

Property Insider: Beachcroft gets new builder: Seascape, Du Val good news? Southern Cross at Epsom

Nervous buyers of a big Onehunga block have been told they will be settling soon.

Mortgagee sales jump: One agent has listed 37 distressed properties

New Zealand’s distressed sale listings have nearly tripled in recent months.

'Trend turns' - new housing consents up 3.6% annually

Auckland and Otago contributed most to annual rise in building consents issued.

InfraKiwi: plans for multi-billion fund launched by KiwiSaver's Simplicity

Company to buy $500m-$1b of infrastructure assets, then eventually list on NZX.

'2026 likely to be trough year': SkyCity CEO on recovery forecast

Still trying to sell Auckland car parks for $200m, NZICC finally opening in February.

Watch: 41 robots working inside new $90m DHL Auckland pharmaceutical warehouse

Two robot types move supplies, do physical lifting and perform boring, repetitive tasks.

Caniwi buys Mansons TCLM's properties for $95m

Big plans for Mt Wellington property; Greenlane property is fully refurbished offices.

'Vote of confidence': Christopher Luxon on Malaysians’ purchase

'We see many opportunities for YTL's expertise': Prime Minister welcomes buyers.

Inside Mitre 10's big plan to challenge rivals and close an Auckland gap

Five new stores are already opened or planned, but the CEO talks a two-pronged strategy.

Property Insider: Auckland getting 1734 new student beds in three towers worth $716m

Who’s behind them and why the demand?