Latest from Property Investment

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.

Florida funder loaned $28.2m to Rotorua housing project

Liquidator expects no loss to customers.

McDonald’s consults Ngāti Whātua on Ōrākei drive-through restaurant plans

Real estate chief met Ngāti Whātua O Ōrakei on employment, safety, health and tikanga.

Sold: Ngāti Whātua Ōrākei's Hillary block at Belmont to Summerset

The deal is different from the hapū's arrangement with Ryman Healthcare.

Housing development plans confirmed for old Wellington church site

A previous development fell through because of rising costs.

NZ house values fall for ninth consecutive month, unsold Auckland stock swells

Market in a holding pattern, not falling to any significant extent but not rising either.

Auckland buyers owed $2.03m for homes never built, land not even bought

'We need a law change in NZ to protect young, first-time home buyers' - insolvency expert.

Valocity to change valuation system after ComCom investigates complaints

Concern business was removing the ability of valuers to compete, consumers paying more.

'Magnificent' Wellington estate could be bowled for 32 luxury apartments

If approved, the apartments could be ready by 2027.

Failed partial takeover sparks litigation: Empire v Vital

Vital wants $214,000 from Empire for expenses it says it incurred after the failed deal.

Retirement village dispute: Race, gender prejudice cited, residents lost

Fight over weekly fees charged by the operator had morphed into something else: decision