Work starts on wharf demolition

Press Release – Ports of Auckland

Ports of Auckland today announced the start of work to demolish the northern section of Marsden wharf. The structure is old and at the end of its useful life. It has not been used for cargo ships for many years and recently it has only been used to … Read more »

Commercial property for sale in Cambridge

Press Release – Bayleys

Cambridges Bunnings, which has one of the longest leases in the township is for sale through Bayleys Hamilton. Read more »

The house that smack built

Press Release – Bayleys

The house that smack built – luxury mansion built by infamous Mr Asia goes up for sale Read more »

Kirkcaldie flags October for possible capital return

Article – BusinessDesk

Feb. 18 (BusinessDesk) – Kirckcaldie & Stains, the unprofitable Wellington department store, is waiting for a new chief executive and the final payment from the buyer of its Harbour City Centre before deciding whether to return the proceeds to shareholders. Read more »

Antigua St footbridge homeward bound

Press Release – Stronger Christchurch Infrastructure Rebuild Team

The Antigua footbridge near the Antigua Boatsheds and Christchurch Hospital is coming back together again after removal of the curved steel structure last year for repair off-site. Read more »

Shaun Cosgrave’s ToView Team Take Out Region’s Top Awards

Press Release – Harcourts

It was victory all round for Shaun Cosgraves ToView team at the Harcourts Central Region awards in Tauranga last week, for the October December quarter. Read more »

PFI expects to pay more of its earnings in dividends in 2015

Article – BusinessDesk

Feb. 17 (BusinessDesk) – Property For Industry, New Zealand’s only listed company specialising in industrial property, expects to pay more of its earnings in dividends in the coming year after its dividend payout ratio declined last year. Read more »

Property Institute wants LVRs scrapped in Provinces

Press Release – New Zealand Property Institute

Property Institute of New Zealand Chief Executive, Ashley Church, is calling for the Reserve Banks Loan-to-value mortgage restrictions to be scrapped in the regions claiming that they are having an unreasonable and adverse impact on first home … Read more »

House price expectations continue to soar

Press Release – ASB Bank

House price expectations have lifted further, with a net 59% of respondents expecting house prices to increase over the year ahead. Read more »

A message to gardeners wanting the perfect lawn

Press Release – Agcarm

Home gardeners attending to pesky weeds in their lawns need to be mindful of what they are spraying them with, especially when composting lawn clippings. Read more »

Could Hamilton’s median house price top $400,000 in 2015?

Press Release – HMC Communications

Hamilton, New Zealand Lodge Real Estates managing director, Jeremy ORourke, said today that January house sales were extremely strong and a great indicator of a buoyant year ahead for Hamiltons residential market. 185 homes were sold on … Read more »

Interest in Alexandra Park apartments

Press Release – GBSA

Strong interest is being shown for registrations in Alexandra Parks 223 Green Lane West a vibrant urban village offering a significant retail component. Read more »

National MarketWatch Analysis February 2015

Press Release – Harcourts

The latest residential housing figures from New Zealands largest real estate group, Harcourts shows that inventory is down in all regions except Christchurch, where property-on-hand was up a massive 25% compared to last year. Sales activity … Read more »

Heritage zone handed to the people of Auckland

Press Release – Auckland Council

Nineteen hectares of land adjoining Aucklands Long Bay Regional Park was officially transferred from private ownership into public hands this week. Read more »

Child poverty: Little to celebrate in Salvation Army report

Press Release – Child Poverty Action Group

Child Poverty Action Group says there is not much to celebrate in the Salvation Army’s 8th State of the Nation report released yesterday. Read more »

Govt needs to clean up slum boarding houses

Press Release – New Zealand Labour Party

Govt needs to clean up slum boarding houses The Governments response to a parliamentary committee report on boarding houses will do nothing to help people languishing in slum conditions, says Labours Associate Housing spokesperson Sua William Sio. Read more »

Council to further investigate Central Wharf option

Press Release – Auckland Council

Auckland Councils Development Committee met today and discussed a range of issues relating to development of the region, including Central Wharves, City Centre Integration progress and the Civic Administration Building. The following is a digest of decisions … Read more »

New Zealand property market driven to new high

Press Release – Realestate.co.nz

The average asking price of homes for sale in Auckland surged to a new high of $750,023 during January, which was a 2.4% increase on the previous record of $732,240 set in June last year, according to the latest monthly data from Realestate.co.nz . Read more »

Infinity to sell Ravenswood Village development

Press Release – Infinity Investment Group Holdings

Wanaka-based Infinity Investment Group is refocusing its business on the Central Otago region, with the company currently in the process of selling the Ravenswood Village development in North Canterbury. Read more »

Residential Real Estate Market Reflects Good Summer Weather

Press Release – Real Estate Institute Of New Zealand

4,841 dwellings sold in January 2015, up 2.6% on January 2014 National median price of $426,000, up $24,000 on January 2014 and down $24,000 on December 2014 The national median price rose 6.0% in the 12 months to January 2015, while Aucklands … Read more »

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