Augusta Launches Another Australian Syndication

Press Release – Bayley’s Real Estate

Augusta Funds Management Limited has shifted its syndication focus back across the Tasman with its latest investment offering of a large industrial complex in Brisbane. Read more »

Kiwi Property retail investors take up half entitlements

Article – BusinessDesk

July 12 (BusinessDesk) – Kiwi Property Group’s retail investors took up half the shares available to them in their component of a planned $161 million capital raise, which the property investor wants to help fund expansion projects in Auckland. Read more »

Stanmore Bay Property Priced at ‘Unbelievable’ $850,000

Press Release – Century 21 Real Estate

Century 21 Northern Realty is marketing a five-bedroom home close to the beach in Aucklands popular Stanmore Bay for just $850,000. Read more »

Trade Me to buy Motorcentral dealer platform

Article – BusinessDesk

July 11 (BusinessDesk) – Trade Me Group, the country’s dominant online auction site, will buy Limelight Software, which operates the cloud-based auto dealer management platform motorcentral.co.nz, for an undisclosed sum provided it gets Commerce Commission … Read more »

NZL Group moving to Tauriko

Press Release – Colliers International

Freight and logistics company NZL Group is moving from Mt Maunganui to a $20 million purpose-built facility at the Tauriko Business Estate. Read more »

35,000 more new houses in Tauranga

Press Release – New Zealand Government

The Housing Infrastructure Fund will provide $230 million in funding to the Tauranga City Council to provide for 35,000 more houses through three major new infrastructure projects in the city, Finance Minister Steven Joyce and Building and Construction … Read more »

Over Half of Real Estate Agents Use Drones to Sell Houses

Press Release – REINZ

New research issued today from the Real Estate Institute of New Zealand (REINZ) has found that more than half (51%) of real estate agents surveyed across New Zealand state they have invested in using drone footage to help market their properties. Read more »

Insurance broking offices poised to attract premium interest

Press Release – Bayley’s Real Estate

The land and modern building housing the Bay of Plenty branch of one of New Zealands largest independent insurance broking houses has been placed on the market for sale. Read more »

Bethunes moving ahead with NZ Retail Property Group listing

Article – BusinessDesk

July 10 (BusinessDesk) – Bethunes Investments says a planned reverse listing with Westgate Power Centre-subsidiary NZ Retail Property Group is a step closer and binding papers are expected to be entered next week. Read more »

Developer donates $50M for new children’s hospital

Article – BusinessDesk

July 10 (BusinessDesk) – Wellington property developer Mark Dunajtschik has donated $50 million to build a new children’s hospital in Wellington. Read more »

Anchor Tenant Sought for Café in Opua Marina Development

Press Release – Bayley’s Real Estate

July 2017 – A new hospitality venue at the Bay of Islands end of New Zealands latest cycling trail – and overlooking one of the countrys newest marina developments – has been placed on the market for lease. Read more »

PMG offer invests in the next generation of Kiwis

Press Release – Property Managers

AUCKLAND, 11 July 2017 – Today innovative property and fund manager, Property Managers Group (PMG), launched an investment fund for wholesale investors dedicated to supporting the education of the next generation of New Zealanders. Read more »

Using Data to Understand Supply & Demand for Housing

Press Release – Property Council Of New Zealand

10 July 2017 – A new online interactive dashboard launched by MBIE will make it easier for councils to better understand demand and supply issues underpinning housing affordability issues. Read more »

MBIE launches online housing market dashboard

Press Release – Ministry of Business Innovation and Employment

The Ministry of Business, Innovation and Employment today released the Urban Development Capacity Dashboard a one-stop, open-source tool of housing market indicators such as prices and rents, the number building consents granted relative to the growth … Read more »

Poll shows big drop in house price expectations

Press Release – New Zealand Property Institute

Property Institute of New Zealand Chief Executive Ashley Church says the latest Institute poll confirms recent figures from REINZ and Barfoot and Thompson and shows that there has been a big drop in the number of people expecting house prices to … Read more »

Housing Crisis: Shamubeel Eaqub is angry

Press Release – Community Housing Aotearoa

Economist, author, and commentator Shamubeel Eaqub says hes angry were building housing for the landed gentry and not enough affordable housing. The housing crisis has been building for decades, and its only going to get bigger over time if we … Read more »

Wairarapa home sales consultant takes top spot

Press Release – Jennian Homes

July 6, 2017 : A Wairarapa sales consultant is quickly making a name for himself on the national stage by being named as New Home Consultant of the Year. Read more »

Wellington sales consultant scoops Rookie of the Year

Press Release – Jennian Homes

July 6, 2017 : Jennian Homes Wellingtons newest home consultant is quickly making a name on the national new-home sales market after being named as a Rookie of the Year. Read more »

Inclusionary zoning key to affordable housing in Queenstown

Article – Community Housing Aotearoa

Inclusionary zoning has been the key to success in providing affordable housing in Queenstown, according to Executive Officer Julie Scott of Queenstown Lakes Community Housing Trust. Read more »

Judgment: Hawkes Bay Regional Investment Co v Forest & Bird

Press Release – NZ Supreme Court

HAWKES BAY REGIONAL INVESTMENT CO LTD v ROYAL FOREST AND BIRD PROTECTION SOCIETY OF NEW ZEALAND INC AND MINISTER OF CONSERVATION Read more »

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