Tak Development is owned by the giant Japanese Takenaka Corporation.
Pallas Capital says construction lending now accounts for more than 10% of its trans-Tasman book after a standing start two years ago.
Shareholders vote to replace their management company amid debt, tenancy crisis.
Financial markets regulator also concerned about assumptions of a high degree of liquidity simply because an investment is listed.
Owners of Tauranga office property have called a special meeting over concern about the future of their investment.
Conversion specialist says New Zealand’s second biggest city has a more ‘favourable attitude’ towards getting developments across the line than Auckland.
Housing agency Kāinga Ora doesn’t have the ‘capability, capacity, or willingness to foster private-sector developments,’ Winton says.
Hundreds of millions of repurposed failed scheme funding will be used to ensure build rates are maintained, Government says.
Multinational motor vehicle and transport company strengthens its New Zealand footprint with third property deal in rapid succession.
Super Fund’s multi-billion dollar planned coastal development at question as council takes legal issue with its own ‘independent’ panel, largely based on a lack of transport capacity.