Build-to-rent investment has fallen 90% over the past four years, with cost of debt shuttering institutional investment plans.
Vacancy rates may be up but industry heads say brick and mortar as important as ever.
It will receive a final payment of over $23.5 million from its insurers for 7 Waterloo Quay, Wellington.
The rebranded ASX-listed property trust plans to operate a co-working space company in Auckland.
The lender has to issue new Property Law Act notice.
Other OIO decisions included forestry lots and leasehold land.
The NZX-listed property fund increased its dividend guidance this morning.
The company will pay a dividend above operating income through the development period.
The property fund used its first-half results announcement to say it was buying a $228m Wellington office asset.
The company reinstated dividend payments with its first-half result.