People are ‘wired for proximity’ and Auckland needs to work on its sex appeal to attract and create an ‘urban buzz’, urbanist says.
It’s taken six years to get there, but work has finally teed off at the 307ha Beachlands South planned community.
The adviser’s high-net-worth clients have been told of impairments and write-offs in New Zealand and European assets.
Giant retailer has signed up to Drury East development from Kiwi Property Group on the heels of fast-track consent for Drury’s metropolitan town centre.
Listed real estate investor sells Sylvia Park lifestyle centre into large-format managed fund, though retains half-stake and management fees.
The first real breath of fresh air into a ‘pretty hammered’ CBD, developer Andrew Krukziener says.
Commercial deal-making is still down on last year, however, Jones Lang Lasalle says.
Scott Pritchard has come in as the top earner at the upper end of town, while Precinct rolls out the charm offensive ahead of shareholder meeting.
Property fund manager says latest equity raise will allow it to buff up its childcare fund, which it would like to see at about 8% of its $1b in assets under management.
Companies could owe more than $21m to creditors, and on the hook to the IRD for another $14.7m.