Tak Development is owned by the giant Japanese Takenaka Corporation.
The market regulator’s legal move against Harcourts’ Christchurch stronghold and its global top performer, could create ructions in the sector.
The portfolio juggling comes as Stride agrees to the sale of its Silverdale Centre for $114m to Investore Property, which it manages.
The NBR Rich Lister is taking legal advice on whether it’s the end of the road in his legal battle over key infrastructure at the town centre.
Statutory managers PwC say they’re still not having much luck getting responses from the failed property group’s founders Charlotte and Kenyon Clarke.
The country’s largest golf retailer has lobbed an unsolicited offer into council to save the popular North Shore golf course and upgrade Wairau Valley’s indoor arena.
Kāinga Ora and community housing providers are just operating under a ‘more sophisticated’ system, Housing Minister says.
Consenting delays seen as the biggest systemic issue in the sector, with almost three-in-four builders experiencing ‘stop the clock’ requests from councils.
NBR Rich Lister Peter Cooper says the $30 million heritage renovation is among the most demanding jobs his team has tackled in 20 years of Britomart development.
Builders who have kept their heads above water through the past two years, are starting to ramp up new home builds, says Signature Homes.