Latest from Property Services

Developer Shundi Customs vs builder China Construction in High Court over $300m Seascape

Dispute follows China Construction winning an August 2 tribunal adjudication.

New house-building business couldn't survive downturn: $8.9m liabilities

KPMG will now go about realising assets in an attempt to repay company debts.

Property Insider: Seascape adjudication decision awards $33m; Carrie Bradshaw index

Developer to pay builder China Construction New Zealand $33m.

'We can't sleep': Couple fear for future, loan on Du Val unit axed

Meanwhile, a decision on media access to court and receivership files has been reserved.

Du Val downfall: From champagne, private jets to receivership and $250m debt

Now Du Val investors and creditors want their money.

JLL retirement village study: population up, companies adjust growth

Most older people do not live in such villages, even with 53,000 people there now.

ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount

Receivers have collected about 85% of the total amount owed by debtors.

The five biggest property sales in 2024 so far – including Sir Peter Jackson’s Lyall Bay deal

Buying and selling activity is continuing apace, despite the sluggish economy.

Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof

Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.

Retirement giant wins fast-track consent for 13-level block at $500m village

Building to rise in Parnell after a joint venture between developer and charitable entity.

Du Val investor worried after interim receivership

'It’s been nearly two years since I’ve been paid anything.' - Du Val investor

'Rent will continue' - Du Val to worried apartment landlord

Around 500 people live in the high-rise.

'It would take out 20% of sales': what many Catalina Bay apartment buyers want

One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.

'What I learned': Why Ben Wilson converted offices to apartments

Several CBD office buildings in Auckland have been converted into apartments, hotels.

Scope of Du Val businesses revealed: 64 entities now in PwC hands

The apartment and townhouse development group has been put into interim receivership.

$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal off

Skyscraper deal gets flushed after Hong Kong suitors don't progress.

Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'

'The fixed fee has hurt us. No one expected rates to go up 15% per annum."

'The idea was to design an artificial sky' - architect Gordon Moller on new SkyCity hotel

New hotel opens today, offering 303 rooms and with an initial 65 staff.