Latest from Commercial Property

F&P Healthcare starts vast new $250m building

Earthworks have been largely completed and construction will start later this month.

NZ’s biggest hotel deal: Precinct selling InterContinental Auckland to Singaporeans

Precinct bought the building in 2012 then undertook a massive $310m renovation of it.

Bayswater Marina wants 156-boat drystack plans non-notified

Auckland Council is yet to decide if plans for the new building should be notified.

Property Insider: Agents react to whopper $26m Herne Bay purchase

'A good sale for the market' - Sotheby’s Mark Harris after his agents sold the two homes.

Landlord with quarter-kilometre downtown tower plans pushes up profit

New leases in 1HY25 were 22.8% above previous contract rents, company said.

Sold to PAG: New Wynyard Quarter offices, no sale price declared

New Wynyard Quarter building is nearing completion, sold well before One NZ shifts in.

Elon Musk-led car company opening soon in vast new retail hub

Vehicles about to arrive at the new Westgate premises.

Auckland brothel business appoints liquidators

It was involved in a dispute with the landlord and indicated a general decline in trade.

Empty office sale to bring pre-Christmas shareholder cheer

Company has ditched plans to add three extra levels to the building above Fanshawe St.

PM Christopher Luxon opens NZ's most expensive new office block

The concept was to 'bring a suburban campus-style building right into downtown'.

28-level Auckland office tower half-empty: Why?

'Wouldn’t say it is a ghost tower: it's poised to take advantage of improving conditions.'

Property Insider: SkyCity's forest panels illuminated; Mormon temple opening; Metlifecare in Remuera

A tower of this size would be a big ask.

New $10.5m New World The Sands opening

New supermarket is opening on Tuesday, November 5, 2024 at Pāpāmoa East in the Bay of Plenty.

Corner property in central Whangārei generates $170k from six leases

The Bank and Vine St corner property retuns more than $170,000 a year from its six leases.

Willis and Luxon’s 'work from work' edict misses the point, four-day week pioneer says

And a real estate boss says some offices are straining on the three days staff do come in.

Less power for councils, more for builders: report recommends change

'Current system is suboptimal in terms of its consistency, responsiveness.' - David Kelly