CP Group consortium has pushed its way back into the top tier of NZ’s most expensive hotel properties.
Chris Meehan says he's fielded 'several' approaches from studios and people from the industry.
Winton gets second government fast-track nod for its studio plan in Arrowtown.
The $80 billion NZ Super Fund and co-investors Russell Group and Lockwood assembled the country's third largest hotel portfolio over the past five years.
Liquidators of Rickhil Prakash’s property investment entity found it transferred a number of properties just before it failed.
Mortgage rates are tracking down, but renting a comparable home is still cheaper, the bank’s research shows.
Auckland realtor run by Megan Jaffe and Thomas Farmer had been top performer among 1000 offices for nine years, before losing out to the hot Sydney market.
Big banks start rolling back one-to-two-year mortgage rates, while longer-term rates remain higher.
Many new builds in Auckland CBD were built in the belief NZ’s largest business drawcard would be up and running long ago, Templeton Group founder says.
Asking prices hit a 10- month high in March, rallying back above the $1 million level as interest rates fall.