Latest from Property Investment

State tenants' soaring debt: one man owes $48k in rent

Total arrears have risen by 800 per cent since 2019 to $21 million.

'Final pay, don't delay!' Sacked ELE workers to Deloitte receivers in Queen St protest

Receivers 'well aware many ex-ELE workers experiencing financial and mental hardship'.

When will mortgage rates finally fall?

ANZ economists expect RBNZ to keep hawkish stance, before making abrupt OCR cut in August.

Harvey Norman revenue falls in spending downturn

Consumers are being more cautious about investing in their homes, the company says.

State house tenant owed $13,300 back rent

When a visit was made, the tenant's relative had been living in the house rent-free.

Council fails to sell Auckland Film Studios — here's its excuse

No buyers emerge after two-year process, which kicked off after $37.5m grant for upgrades.

Harcourts' agency owner liquidates, forms new company to continue

"Relationship breakdown" cited by the liquidator as the reason for the companies folding.

Ikea’s first NZ store: Watch drone footage

About 500 piles have now been driven 40-50m deep across the site, an executive says.

Up or down? What new agency figures tell us about Auckland's housing market

'Median sales price at $1,045,000 was the highest for any month in 2023.' - Peter Thompson

New boss, gambling probes for $1.3b gaming giant SkyCity

It's been 12 weeks now since the company said Michael Ahearne is going. Who's taking over?

$26m buyer reneges on third Auckland house deal: What the sellers did

First, he failed to settle North Shore properties. Then, he did the same in Herne Bay.

ELE collapse: Owner accuses clients of not paying, Filipino ex-workers sleep in cars

'I urge you to consider the consequences of withholding payment': ELE owner to clients

Mega $62m apartment repairs: Residents return to high-rise CBD block

Apartments are gradually being handed back by the head contractor, Teak Construction.

Cooking the Books: Why investing in commercial property is both easier and harder than ever before

The push to work from home changed the commercial property game.

Red flag: Russian-owned NZ company's liquidation highly unusual

The liquidation was quite out of the ordinary for several reasons, Pritesh Patel said.

Commercial, industrial property outlook: Where to for rents, occupancy?

A four-decade chart shows how Auckland returns have fluctuated - and where they're headed.