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Market close: Interest rate-sensitive stocks drive NZ sharemarket higher

Expectations of interest rate cuts helped push NZ stock values up.

Planned for years, 25% owner sells out of Queenstown's Lakeview Taumata

'Troubled, controversial, deathly quiet': Crux on site of $2b mixed-use Queenstown scheme.

Ikea opening ‘around Christmas trading period’, plans for traffic mitigation at Sylvia Park

'Ikea is likely to open around the Christmas trading period at the end of this year.'

Surf park developers win fast-track referral for 400+ homes

Earthworks started in October for the first stage of the project, 4km from Silverdale.

Market close: Fisher & Paykel Healthcare helps NZX up over 1%

Shares in Skellerup Holdings ended the day 5.1% higher at $4.95.

PwC says sell: 59-unit partly built Du Val block up for sale

Government-appointed statutory managers PwC call in Colliers to quit an apartment project.

Market close: Primary sector spark on hope as NZX down 3.6% in first half

The New Zealand share market continues to lag other markets.

Further property sold in $100m+ Cook Property empire

Cook is selling a $100m-plus portfolio here, saying he has shifted to Sydney permanently.

Watch: First look inside City Rail Link’s unique new Te Waihorotiu Station

'No other train station in the world will look like this,' says CRL CEO Patrick Brockie.

Most of Ōrākei retirement village to be demolished, new $336m village to rise

The partnership means the retirement giant leases the Ōrākei site for 125 years.

Market close: Fletchers down 3.6%

Oil prices suffered one of their steepest single-day falls in five years on Tuesday.

Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works

The biggest is a new application for a $100m Pak'nSave on reclaimed land in Takapuna.

Fletcher Building flags massive $575m to $781m hit to 2025's result

'Significant items are chunky' said one institutional investor of today's announcement.

Market close: World watches Iran

'The inclination is not to do too much,' Forsyth Barr analyst Peter Sigley said.

'Pallet hotel' - Foodstuffs South Island boosting frozen storage by more than 200%

Supermarket owner to expand frozen capacity by 222%, strike third-party warehouse deals.

Property manager fined $3500 for breaching healthy homes standards

Quinovic acknowledged the breaches and confirmed exemplary damages were paid.

'Māori are long-term investors' - learning from success and failure working with iwi

Developments with tangata whenua: what spells success - or not?

Market close: GDP beats forecasts but NZ sharemarket dips

The New Zealand sharemarket was flat today, with the NZX50 falling by 58.27 points.