Business Scoop
Network

 

Argosy annual profit climbs 36% on revaluation gains

Article – BusinessDesk

May 23 (BusinessDesk) – Argosy Property lifted annual profit 36 percent as it benefited from a sharp increase in the value of its property portfolio, and paid a slightly bigger dividend than expected. Read more »

Solid Autumn Results

Press Release – REINZ

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 140 more lifestyle property sales (+8.7%) for the three months ended April 2019 than for the three months ended March 2019. Overall, there were 1,752 lifestyle property … Read more »

Interesting Developments in the Marketplace

Press Release – REINZ

Interesting Developments in the Marketplace Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 56 less farm sales (-13.4%) for the three months ended April 2019 than for the three months ended April 2018. Overall, … Read more »

REINZ welcomes Privacy Commission’s guidelines but …

Press Release – REINZ

When news of the KFC test first broke last year, the Real Estate Institute of New Zealand (REINZ) immediately called for some consistent standards to be put in place, therefore, broadly speaking, the Institute welcome the announcement from … Read more »

Lake Hawea township expansion for Central Otago

Press Release – Bayleys

Lake Hawea township expansion for Central Otago – as new residential-zoned landholding goes up for sale Read more »

Albany and Silverdale join forces to create powerhouse

Press Release – Century 21 Real Estate

With North Auckland experiencing massive residential growth, Century 21 New Zealand has announced its Albany and Silverdale franchises have formally decided to work a lot closer, ensuring unbeatable coverage and service for clients. Read more »

Westpac sees rekindled house price inflation of 7%

Article – BusinessDesk

May 22 (BusinessDesk) – Westpac is expecting house price inflation to take off again thanks to the governments decision to scrap plans for a capital gains tax and falling mortgage rates. Read more »

LVR review well overdue for Akld first-home buyers

Press Release – Century 21 Real Estate

For the sake of tens of thousands of potential first-home buyers in Auckland, its time for the Reserve Bank to formally review its six-year-old policy on loan-to-value ratios (LVRs), says Ryan Mitchell, National Manager of Century 21 New Zealand. Read more »

Forfeiture of assets leads to $620,000 recovered

Press Release – New Zealand Police

A Police Asset Recovery Unit investigation into the misappropriation of funds from a government department is leading to the recovery of about $620,000. Read more »

Prime opportunity as aged care facility goes up for sale

Press Release – Bayley’s Real Estate

The land and buildings housing one of Hawkes Bays most established, privately-run, aged care facilities in Hawkes Bay is now on the market for sale by negotiation through Bayleys Real Estate,. Read more »

Kiwi Property lifts annual profit 15% as valuations rise

Article – BusinessDesk

May 20 (BusinessDesk) – Kiwi Property Group says annual net profit rose 15 percent, driven mainly by the rising values of its properties. Read more »

Wellington property market runs hot as buyers look afield

Press Release – Trade Me Property

Wellingtons property market remained red hot in April after the average asking price rose 14.3 per cent or $81,000 year-on-year to $652,950, according to the latest Trade Me Property Price Index. Read more »

Next Page »