Property syndicator GEK Property looks to cash out at a $12 million premium to its purchase price eight years ago.
Auckland realtor run by Megan Jaffe and Thomas Farmer had been top performer among 1000 offices for nine years, before losing out to the hot Sydney market.
Big banks start rolling back one-to-two-year mortgage rates, while longer-term rates remain higher.
Many new builds in Auckland CBD were built in the belief NZ’s largest business drawcard would be up and running long ago, Templeton Group founder says.
Asking prices hit a 10- month high in March, rallying back above the $1 million level as interest rates fall.
A new report says tinkering with regulation and the foreign buyer ban have capped the city’s ability to build more and cater for its swelling population.
Left-field environmental proposal at $58m to save municipal asset, will be considered as part of the longer term business plan.
Eden Park Trust showcases its plan for the revamped 70,000-seat national stadium, complete with retractable roof.
Construction, hospitality and property continue to be hardest hit, according to credit bureau numbers.
The listed property firm has done its homework and is looking at elevating its presence in the resurgent tertiary student market.