The industrial property play has settled half its purchase of a 5.8ha block at Spedding Road industrial estate, after Oyster Property snapped up its Christchurch and New Plymouth properties.
The first real breath of fresh air into a ‘pretty hammered’ CBD, developer Andrew Krukziener says.
Commercial deal-making is still down on last year, however, Jones Lang Lasalle says.
Scott Pritchard has come in as the top earner at the upper end of town, while Precinct rolls out the charm offensive ahead of shareholder meeting.
Property fund manager says latest equity raise will allow it to buff up its childcare fund, which it would like to see at about 8% of its $1b in assets under management.
Companies could owe more than $21m to creditors, and on the hook to the IRD for another $14.7m.
The tool was developed by an Auckland software engineer who took a costly hit on his new home build.
The Quattro Alberts Group has carved a niche in catering to small and medium-sized businesses in the Auckland CBD, snapping up secondary office blocks and building on a ‘'brown-to-green’ investment ethos.
Pockets of commercial space across the south’s business centres are close to full capacity, in the wake of a resurgent local economy.
Overhaul replaces the New Building Standard ratings system and removes Auckland and Northland from the regime entirely.
