Tak Development is owned by the giant Japanese Takenaka Corporation.
Overseas people acquired just 0.6% of homes transferred in the first quarter of 2019.
The company has expressed interest in launching a luxury Queenstown hotel for high-roller customers.
The council is selling to fund more local service centres and save on maintenance.
Body corporate insurance bills may soar in the case of a natural disaster.
The building will take Argosy's portfolio value to near $1.7 billion.
Resource consent for moorings at the end of Queens Wharf were approved despite opposition.
New engineering guidelines spell trouble for the capital's landlords and tenants.
Auckland Council likely to follow SkyCity's example.
Prefabricated housing is one of the simplest solutions to solving the housing shortage – but bureaucracy isn't making it easy.