Latest from Property Investment
Hanover calls in lawyers on Allied Farmers
Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."
Property developer Fontein declared bankrupt
Auckland property developer Patrick Fontein has been declared bankrupt.
Bank funding getting tough for new property developers
New property developers are finding it harder to get bank funding.
Aucklander comes up 'Trumps'
Not many aspiring Auckland property magnates can claim Donald Trump's right-hand man as their mentor.
Securities Commission joins in property investment warning
The Securities Commission has added its weight to the Reserve Bank's call for mum and dad investors' to be cautious about new private equity property investments.
Scam victim left $600k in debt
A real estate agent who bought a $1.27 million home with a complete stranger was a victim of an elaborate property scam and has been left with a $600,000 debt.
Ex-agent found guilty of $13m property fraud
A former Auckland Barfoot & Thompson real estate agent has been found guilty of mortgage fraud totalling $13 million.
Record low house sales in October - REINZ
REINZ has reported 3903 properties were sold last month - the lowest October total since its records started in 1992.
US billionaire to buy Queenstown hotel
The long-term lease and boutique visitor accommodation business within Queenstown's historic Eichardt's Private Hotel looks set to be bought for less than $1 million by American billionaire Julian Robertson.