Latest from Property Investment

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

Property Insider: $244k bill for Gulf Harbour Country Club’s owner; Here comes Santa Claus

It's the most wonderful time of the year, especially when Precinct goes tree generous.

Bunnings declares $79m net profit from New Zealand operations

It employs about 5000-plus staff in its stores, trade and distribution centres.

Ikea, $458m ditched Vero sale, renting and pets: property boss

Three topics put to the boss after a 218% turnaround in half-year result to September 30.

Former Harcourts agent bought property he had listed, made $225k profit in 5 months

Agent bought the property he listed for $900,000 then onsold it months later for $1.125m.

$3.3b landlord says dramatic financial turnaround vindicates Sylvia Park strategy

Chief executive Clive Mackenzie says the results give the company more confidence.

'Not controversial' - Harcourts boss Martin Cooper on documents sought by REA

'I regret these documents were not simply sourced and provided at the time' - Cooper

Simon and Paula Herbert buy into NZX-listed WasteCo

New move from couple with holdings in marina, data centre and dredging sectors.

Where are NZ's most undervalued houses?

Some regions had 'a dead cat bounce' and others might be overdue for a resurgence.