Report shows almost 90,000 units at build or planning stage across country’s top 200 builders, as market holds out for a delayed recovery.
Property investors – in the crosshairs of the Reserve Bank and policymakers for several years – are set to once again become hunters, as Kiwibank calls a 3.25% drop in interest rates.
However, Christ Church Cathedral Reinstatement Ltd isn’t walking away entirely.
Seismic tech firm banking on some of the US$1b budgeted for Californian hospital upgrades.
Residential investment firm had raised millions of dollars in funds from the public and from wholesale investors into its residential offers.
The chair of the in-receivership Du Val Property Group has been linked to a rescue deal by investment firm Cranleigh, to be bankrolled by Ray White.
Green Buildings Council says developers and builders will have to accelerate their transition to low carbon products, with only six years left for ‘radical reduction’.
Firm expects Reserve Bank to hold bank rate steady on Wednesday, but mortgage rates to ‘keep falling regardless’.
‘The money is irrelevant to me but forcing the NBR to write ‘billionaire’ will make me chuckle,’ Kenyon Clarke said in leaked email.
Sales extend to almost half a billion dollars across its Australian/New Zealand portfolio, but it will look to drive growth through downstream investment into private hospitals.