Latest from Investment Companies

75% of completed units in new $450m village unsold: Summerset

Just 25% of units finished at new St Johns village are under contract: 75% unsold so far.

Hong Kong investor buys 120-lot Hobsonville Point site for $9.2m

Only Singaporeans and Australians can buy our residential property without clearance.

Market close: Flat day on the sharemarket as energy stocks continue strong trading

There was continued interest in Contact and Mercury ahead of an index change.

Bluestone Home Loans sold to ASX-listed Challenger for $597m

Challenger told Bluestone clients with direct debits that nothing would change for them.

Marsden Estate winery sold to British trust after 10 years on market

Vineyard and winery sold after spectre of subdivision loomed.

He created a $660m company in his garage: Sistema richlister on standing firm with a famous name to retain ‘Made in NZ’

'I don’t care if it’s Martha Stewart or the bloody Pope. I’m not taking [Made in NZ] off.'

Market close: Kiwi sharemarket falls in first day of trading for 2025

It was a soft start to the year on worries about higher bond rates.

Green Building Council chief plans to bike less, run more

'I'll be camping in Aotearoa’s beautiful great outdoors. Wish us luck and sunny days.'

Property developer, philanthropist James Kirkpatrick dies aged 94

Business he founded owns wide range of commercial, industrial and warehouse properties.

Housing for hapū: families move into $20m Ōrākei housing development

'Some people can’t remember anyone in their family owning a home.'

Winton Land 'pauses' $750m Wynyard plans, offers buyers refunds

How many people had paid deposits was not stated but pre-sales said to be 'strong'.

ProLink calls in liquidator, 190 laid off a week before Christmas

'This is just so sad, just before Christmas' - liquidator Pritesh Patel on ProLink NZ.

Flatpacked and ready: Ikea warehouse opened today

Goods to be shipped from China and Malaysia mainly, but also other parts of the world.

National, local companies are creditors of Rotorua housing project

The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.

Unconsented building work non-disclosure sees agents fined $18,000

Three Barfoot & Thompson agents pleaded guilty to unsatisfactory conduct in the case.

Du Val court hearing pencilled in

Judge this week will be considering PwC’s application for information in the case.