There are obvious attractions for Australians to buy New Zealand land, but Auckland is looking less attractive.
Developer Dennis Parbhu, who managed the hotel build himself, described conditions as ‘really tough’ when opening it two years ago.
Commercial real estate investor has identified surplus properties valued at about $139 million.
The Notable Properties Trust settled on two neighbouring properties yesterday, which would ‘simplify’ the restoration of the St James Theatre.
The firm’s hotels and hospitality team has been razed by competitors, following a right-sizing that’s also seen office closures.
The first receivers’ report shows China Construction Bank is on the hook to the developer for $171 million.
Major projects such as the interior design work on the 75,000-square-metre Atlassian Central development has W&M running hot across the Ditch.
The Hamilton-based startup wants to build a portfolio of 100 short-stay properties.
The KiwiSaver fund manager is living up to its intention to lower pricing of its dedicated rental units, now counting 507 completed units in its build-to-rent portfolio.
With more than four decades of construction industry experience, Stuart Roberts believes Nook Homes breached its own contract conditions.