Property on city’s rural/urban fringe is worth less than it was thanks to council’s change of heart on future development, agents say.
Derby Square’s project manager believes locals haven’t been served well.
While high-end real estate confidence is returning, the door is still locked for most foreign buyers.
Nest or Invest's development in Mangere Bridge was completed earlier this year.
It needed to send a strong message over the $40m Village Green Remuera project, Auckland Council says.
The Treasure Plus group collapsed leaving multiple projects at various stages.
The Home Bakery plans 85-home development in Hamilton but it needs more scale, says former NBR Lister.
Auckland director Lin Fang’s 12 property companies have all failed this year, with high intercompany loans.
Retirement village operators are increasingly targeting the luxe end of the market and its demanding clientele as a lucrative growth sector.
A 28-day interim order was being sought to try and save Auckland properties.