Latest from Property and Business Services

‘Yoga impacted by construction noise’: Arvida’s $50m+ fix-up irks some
Arvida is spending $50m+ on the main hub and apartments at its Mayfair retirement village.

Consumer NZ, retirement residents vs Metlifecare over repairs, maintenance
Consumer NZ, Retirement Village Residents Association complain about repairs, maintenance.

Mansons wins non-notification for $650m Auckland office build
Cliff-top site above Fanshawe St looks towards Viaduct Basin and the Wynyard Quarter.

‘Market turned down more quickly ... deeply’: Fletcher CEO on climbing losses
New CEO steps in as losses climb further: what next for the giant Australasian business?

'Centre of town an eyesore': local on Waiwera, land sale attempt
The owners say someone better acquainted with the 'wellness industry' should buy the site.

‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report

Four months, still no buyers: PwC trying to sell Du Val properties
Bare land ready for unit development and a multi-level apartment block are still for sale.

Troubled property developer wound up owing at least $4m
Twice-bankrupted Ritesh Mani's Eco-Smart Homes slides into liquidation.

Sprinkler dispute at Auckland Viaduct apartments: $23k claim dismissed
Unit had been altered with a wood roof and deep roof beams, minimalist design sprinkler.

Two reasons why Woolworths plans 188% distribution centre expansion
'Further investment in supporting infrastructure is required for the business'.

Where Auckland rents rose the fastest in 2024
Viewing and listings may be picking up after 'subdued activity' late last year.

Uncertainty looms over ‘landmark’ Wellington development
The developer says the project is 'active', but the city council says it's 'on hold'.

Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.

'Shocked': Kingsland Apartments owners get $36m minimum fix-up bill
Owners of 2-bedroom places get three choices: $350,000, $643,000 or $800,000 fix-up bill.

QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.

'Subterfuge': Man awarded $60k after devices taken from desk during orchestrated meeting
Tribunal: It was 'manifestly unfair' and an 'unreasonable intrusion' into his affairs.

Wellington developer snaps up derelict Reading Cinema complex
The building has sat empty since 2019 and has been the subject of controversy.

Du Val downfall: From champagne, private jets to receivership and $250m debt
It was a lifestyle of flashy opulence - until the money ran out.

Editorial: Business resignations another blow for Tory Whanau’s leadership
OPINION: The mayor's special business group had held such potential.

Housing development plans confirmed for old Wellington church site
A previous development fell through because of rising costs.