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Property Market Stories - Page 26

Kiwi Stories

Property Market stories

Auckland CBD hotel market facing prosperous future
Skycity

Auckland CBD hotel market facing prosperous future

Strong visitor growth and a chronic room shortage are keeping Auckland CBD hotel occupancy and rates high, with more demand ahead.

By Michael Curreen • 4 min read • Tue, 6th Nov 2018
Waldorf sale the largest hotel transaction in Auckland in 12 years
Property Market

Waldorf sale the largest hotel transaction in Auckland in 12 years

Offshore investors have snapped up Auckland’s Waldorf Stadium Apartment Hotel in the city’s biggest hotel deal for 12 years.

By Michael Curreen • 3 min read • Thu, 25th Oct 2018
CBD office rents on the up
Property Market

CBD office rents on the up

Tight space in Auckland’s CBD is expected to lift prime office rents by up to 5% a year until new supply arrives in 2020.

By Michael Curreen • 3 min read • Sun, 21st Oct 2018
Lowest sales volumes in eight months due to extremely low listings
Property Market

Lowest sales volumes in eight months due to extremely low listings

New Zealand house sales fell 3.0% in September as July’s low listings fed through, leaving volumes at their weakest since January.

By Michael Curreen • 7 min read • Thu, 18th Oct 2018
Rail infrastructure set to transform NSW real estate
Connectivity

Rail infrastructure set to transform NSW real estate

NSW’s near GBP £47 billion infrastructure pipeline is expected to lift property values and spur development around three Sydney rail projects.

By Michael Curreen • 4 min read • Sun, 14th Oct 2018
Clive Goodman – Franchise Owner for Century 21 Crism Realty
Small Business

Clive Goodman – Franchise Owner for Century 21 Crism Realty

North Auckland’s growth is set to boost sales at Century 21 Crism Realty, where Clive Goodman has taken over as franchise owner and principal.

By Michael Curreen • 2 min read • Mon, 1st Oct 2018
AV Jennings secures major development site in New Zealand
Schools

AV Jennings secures major development site in New Zealand

The deal broadens AVJennings' New Zealand business into retail land sales and adds a 580-lot site near Auckland's northern growth corridor.

By Michael Curreen • 2 min read • Tue, 25th Sep 2018
Auckland lacking quality office space
Productivity

Auckland lacking quality office space

Fewer premium floors and stronger demand are set to keep Auckland office rents rising until new supply arrives in 2020.

By Michael Curreen • 3 min read • Sun, 23rd Sep 2018
Auckland property market springs to life
NZD

Auckland property market springs to life

A first Auckland house price rise in six months, alongside record national highs, suggests spring demand is lifting the market.

By Michael Curreen • 7 min read • Tue, 18th Sep 2018
Construction sector experiencing worrying woes
Risk & Compliance

Construction sector experiencing worrying woes

Failures and cost overruns are unsettling builders, even as New Zealand's construction pipeline is forecast to reach NZD $41 billion by 2023.

By Michael Curreen • 5 min read • Fri, 7th Sep 2018
July brings price rises for all regions bar Auckland, says REINZ
Property Market

July brings price rises for all regions bar Auckland, says REINZ

A nationwide shortage of listings pushed New Zealand house prices up 6.2% in July, though Auckland remained virtually flat.

By Michael Curreen • 7 min read • Sun, 19th Aug 2018
Forum celebrates Asian and Kiwi construction sector collaboration
Supply Chain

Forum celebrates Asian and Kiwi construction sector collaboration

Asian firms already add more than GBP £3.8 billion a year to New Zealand construction, as a new forum seeks smoother collaboration.

By Michael Curreen • 3 min read • Wed, 8th Aug 2018
Auckland’s metropolitan office vacancy rate dips due to strong uptake
Xero

Auckland’s metropolitan office vacancy rate dips due to strong uptake

Demand for new fringe and suburban offices has trimmed Auckland's vacancy rate to 6.0 per cent, with rents still climbing.

By Michael Curreen • 3 min read • Sun, 5th Aug 2018
Could build-to-rent solve the housing crisis?
KPMG

Could build-to-rent solve the housing crisis?

A new hybrid rent-to-buy model could give buyers price certainty and help unlock more homes as Australia’s rental market strains further.

By Michael Curreen • 5 min read • Wed, 1st Aug 2018
Winter chill impacts real estate sales volumes, but not house prices
Property Market

Winter chill impacts real estate sales volumes, but not house prices

Tight supply kept prices near record highs in June, even as winter trimmed nationwide sales volumes and lengthened selling times.

By Michael Curreen • 6 min read • Fri, 20th Jul 2018
Overseas investors keen on Kiwi property
Skycity

Overseas investors keen on Kiwi property

Offshore demand is lifting Auckland CBD prices, with three major commercial deals to overseas buyers completed in a month.

By Michael Curreen • 2 min read • Fri, 29th Jun 2018
Residential property price increases expected across the board
Bank of New Zealand

Residential property price increases expected across the board

Confidence has climbed past pre-election levels, with survey respondents expecting house prices to rise in every market over the next year.

By Michael Curreen • 2 min read • Fri, 22nd Jun 2018

Global Stories

Property Market stories

Kiwi 'PropTech' startup raises $2.3m to fund expansion
Cloud Services

Kiwi 'PropTech' startup raises $2.3m to fund expansion

Property tech firm Re-Leased has raised $2.3 million from New Zealand and UK investors in its first external capital round.

By Sara Barker • 2 min read • Mon, 23rd Jul 2018