Auckland in the world’s top 20 most dynamic cities

Press Release – JLL

AUCKLAND, 5 February 2016 Auckland has appeared in the top 20 of the worlds most dynamic cities in JLLs latest City Momentum Index (CMI). Read more »

Changes to rural subdivision and land use rules proposed

Press Release – Tasman District Council

The Tasman District Council is planning to change some of the rules that apply to rural land to better protect the Districts best productive land, while also offering greater flexibility for landowners. Read more »

National Policy Statement a powerful tool under the RMA

Press Release – Property Council Of New Zealand

Property Council believes there is an urgent and pressing need for a National Policy Statement (NPS) on urban development under the Resource Management Act (RMA). Read more »

Auckland house sales volumes jump to 8-year high in January

Article – BusinessDesk

Feb. 4 (BusinessDesk) – Auckland residential property sales volumes jumped to an eight-year high for the month of January, according to the city’s largest realtor. Read more »

Auckland Property Choice In January Lowest In 20 Years

Press Release – Barfoot and Thompson

Auckland residential property sales in January were solid, with no clear direction emerging as to market trends for the remainder of the summer months. Read more »

Provisional housing market update

Press Release – Harcourts

Provisional residential data for the Northern Region in January, from Harcourts, New Zealands largest real estate group, shows average sale prices continuing to rise, up 17% on the same period in 2015, to $801,472. Read more »

Record High Average Asking Prices in Many Regions

Press Release – Realestate.co.nz

Record High Average Asking Prices in Many Regions, Though New Listings Fall And Inventory Hits Record Low Read more »

Augusta to buy A$23 mln industrial property in Brisbane

Article – BusinessDesk

Feb. 2 (BusinessDesk) – Augusta Capital, the listed property investor and fund manager, will buy a A$23 million industrial property in Brisbane, which it plans to put up for syndication. Read more »

Motukawaiti Island sale probe fails to deliver suit

Article – BusinessDesk

Feb. 2 (BusinessDesk) – A five-year investigation into the sale of Motukawaiti Island near Northland’s Matauri Bay failed to turn up enough evidence for the Overseas Investment Office to launch a prosecution. Read more »

Changes to divisional structure and executive officers

Press Release – Fletcher Building

Auckland, 2 February 2016 Fletcher Building Limited today announced changes to its divisional structure and executive officers. The changes follow the evolution of Fletcher Buildings business portfolio, including the completion of the sale … Read more »

Fletcher Building to buy Higgins road construction company

Press Release – Fletcher Building

Fletcher Building to buy Higgins road construction company Auckland, 2 February 2016 Fletcher Building Limited (Fletcher Building) announces that it will acquire the New Zealand road construction and maintenance business Higgins Group … Read more »

Govt to oppose appeal blocking $1.2B Auckland housing plan

Article – BusinessDesk

Feb. 1 (BusinessDesk) – Environment Minister Nick Smith and Housing New Zealand have joined legal proceedings in support of Auckland Council and Fletcher Building opposing a bid by community groups to only allow low-rise housing in a $1.2 billion housing … Read more »

Ryman to spend more than $200 mln on third Melbourne village

Article – BusinessDesk

Feb. 1 (BusinessDesk) – Ryman Healthcare, which posted a 23 percent gain in first-half profit, will spend $200 million building its third retirement village in Melbourne as part of its planned expansion in Australia’s second-biggest city. Read more »

Government Gives Green Light to Progress

Press Release – Canterbury District Health Board

Government Gives Green Light to Progress to the Developed Design Stage for New Christchurch Outpatients Read more »

Use of open data on the rise

Press Release – New Zealand Government

New figures show another 7,650 users registered to download free government data from the Land Information New Zealand (LINZ) Data Service in 2015, boosting the services total number of registered users to more than 20,000. Read more »

Large dairy farm in receivership for sale

Press Release – Bayleys

A large dairy farm milking approximately 2500 cows in two herds has been placed on the market for sale by tender in a receivership process. The farm is situated at Rangitaiki some 38 kilometres south-east of Taupo, and is made up of three combined … Read more »

Dairy Farms NZ Limited purchases five farms in Southland

Press Release – Dairy Farms NZ

Otapiri farms, a cluster of five dairy farms (1,207 hectares) in Otapiri, central Southland purchased by Dairy Farms NZ Limited. Read more »

Bankers warn more forced dairy farm sales likely

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Banks say more heavily indebted New Zealand dairy farmers will be asked to sell up as non-performing loans increase with lower forecast payouts. Read more »

Bulletin looks at divergence in house prices

Press Release – Reserve Bank

The Reserve Bank today published a Bulletin article, New Zealand house prices: a historical perspective that provides historical context to the current divergence between house price inflation in Auckland and the rest of New Zealand. Read more »

NZ residential building consents rise 2.3% in December

Article – BusinessDesk

NZ residential building consents rise 2.3% in December, driven by Auckland and neighbouring regions Read more »

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