Delegat’s Contract Vineyard in Blenheim For Sale

Press Release – Bayleys Realty Group

A highly-productive vineyard supplying grapes to one of New Zealands biggest and most respected wine producers has been placed on the market for sale. Read more »

New Zealand’s Best Builds Announced This Saturday!

Press Release – Master Builders House of the Year

The Registered Master Builders 2017 Supreme Awards for House of the Year and Renovation of the Year will be awarded this Saturday 25 November at the prestigious Registered Master Builders 2017 House of the Year awards. Read more »

Tighter overseas investment regime targets more than houses

Article – BusinessDesk

Nov. 20 (BusinessDesk) – The government has begun policy work to tighten up further the sale of New Zealand assets to foreign investors, with new instructions to the Overseas Investment Office required to give effect to any new rules. Read more »

Rural market experiences a slow start to Spring

Press Release – REINZ

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 92 fewer farm sales (-26.1%) for the three months ended October 2017 than for the three months ended October 2016. Overall, there were 261 farm sales in the three months … Read more »

Lifestyle market gathers for the Spring surge

Press Release – REINZ

Data released today by the Real Estate Institute of NZ (REINZ) shows that there were 448 fewer lifestyle property sales (-21.0%) for the three months ended October 2017 than for the three months ended October 2016. Overall, there were 1,727 lifestyle … Read more »

Arvida’s 1H net profit dips on lower portfolio valuation

Article – BusinessDesk

Nov. 21 (BusinessDesk) – Arvida Group, the retirement village company that listed in 2014, reported a decline in first-half profit on lower valuation gains and higher employee costs after a pay equity deal. Read more »

Kiwi Property first-half profit rises 5% on rental income

Article – BusinessDesk

Nov. 20 (BusinessDesk) – Kiwi Property Group lifted first-half profit 5 percent as the country’s biggest listed property investor’s rental portfolio benefited from new tenants coming on stream, even as the value of its portfolio was flat. Read more »

Matakana Country Park Tourism Hub For Sale

Press Release – Bayleys Realty Group

The land and buildings housing one of the biggest hospitality and tourism operations in the Greater Auckland region has been placed on the market for sale. Read more »

NZ households rein in house-price expectations

Article – BusinessDesk

Nov. 17 (BusinessDesk) – New Zealand households have dialled back their expectations on whether property prices will rise, although they still anticipate higher consumer prices, according to the Reserve Bank’s latest survey. Read more »

Property Valuation Increase And Rate Rise Link Needs Sorting

Press Release – Auckland Chamber of Commerce

Councils need reminding that skyrocketing property values doesnt change the level of a Councils services and therefore shouldnt result in higher rates. Read more »

Big Takapuna Church Site Offers Development Opportunity

Press Release – Bayleys Realty Group

Two adjoining sites comprising close to a quarter of a hectare of land in a high profile corner position opposite Vodafones head office building in Takapuna are for sale with a variety of future development options. Read more »

GMT Progresses Central Park Sale and Renews Air NZ Lease

Press Release – Goodman Property Trust

Goodman (NZ) Limited, the Manager of Goodman Property Trust (GMT and Trust) is pleased to announce the sale of Central Park is now unconditional but for Overseas Investment Office approval. The Trust has also secured a significant new lease commitment … Read more »

45% average increase for Auckland properties

Press Release – Auckland Council

Aucklands property trend revaluation data shows significant value movements across the region and an overall average increase across all sectors of 45 per cent. Read more »

Number of Rentals Halve Nationwide

Press Release – Trade Me Property

Kiwi tenants can expect stiff competition for rental properties as the number of properties to choose from has dropped 50 per cent in the past year, according to the latest Trade Me Property Rental Index. Read more »

RBNZ lifts Westpac NZ’s regulatory capital requirements

Article – BusinessDesk

Nov. 15 (BusinessDesk) – The Reserve Bank has lifted Westpac New Zealand’s minimum regulatory capital requirements after it failed to comply with obligations relating to its status as an internal models bank. Read more »

PMG wins Business Innovation Award

Press Release – Property Managers Group

TAURANGA , 15 November 2017 – Unlisted New Zealand property and funds manager, Property Managers Group (PMG), has won the coveted Business Innovation Award in the 2017 Westpac Tauranga Business Awards. Read more »

NZ house sale slump eases in October, drop in turnover slows

Article – BusinessDesk

Nov. 15 (BusinessDesk) – New Zealand’s housing market perked up last month as sales volumes fell at a slower pace, having slumped in the lead-up to the September general election. Read more »

NZ financial risks have stabilised – S&P

Article – BusinessDesk

Nov. 15 (BusinessDesk) – The risks facing New Zealand’s financial system have stabilised as house price inflation and credit growth slow due to tighter macroprudential tools implemented by the Reserve Bank and higher lending rates, Standard & Poors … Read more »

Number Of Buyers Waiting for ‘The Crash’ Drops

Press Release – Canstar Blue

Latest Canstar Blue research of 1,104 Kiwis shows only 4% of buyers holding out for the crash Read more »

Prices Rise in Every Region in NZ, Bar Auckland & Nelson

Press Release – REINZ

Prices Rise in Every Region in New Zealand Bar Auckland & Nelson – Leading to Record Price for NZ ex Auckland Read more »

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