Tak Development is owned by the giant Japanese Takenaka Corporation.
Shundi Customs, developer of the country’s tallest residential tower, is a subsidiary of Shanghai-based Shundi Group.
Seven out of 10 liquidation applications now initiated by Inland Revenue, Centrix says.
The listed property company will upgrade its key remaining office asset, after failing to offload the city tower less than two years ago.
Commercial property developer and landlord says an institutional investor is already doing due diligence on its flagship PwC office tower.
Housing agency paid a ‘retail’ price for the 95ha site, of which about a third is considered developable.
Dedicated industrial and logistics investor has 11 Auckland projects in play and a pipeline of investments at about $325m.
The industrial property play has settled half its purchase of a 5.8ha block at Spedding Road industrial estate, after Oyster Property snapped up its Christchurch and New Plymouth properties.
Commercial returns from Arrowtown's Ayrburn precinct helped trim the net loss after tax to under $1 million.
Housing Minister pours cold water on the two-million home target, saying it was ‘theoretical’ anyway.