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.
NZ’s largest listed industrial and logistics player says there were some investment and tax benefits to 'corporatising' the fund.
Inland Revenue has advertised applications to wind up eight companies connected to Clint Webber and Jason Dobbie.
It’s not exactly a cavalry charge to the finish line just yet, but the listed property sector is showing glimmers of returning to form.
The Singaporean asset manager will partner with Precinct Properties to construct the 960-unit development for Auckland University.
People are ‘wired for proximity’ and Auckland needs to work on its sex appeal to attract and create an ‘urban buzz’, urbanist says.
It’s taken six years to get there, but work has finally teed off at the 307ha Beachlands South planned community.
The adviser’s high-net-worth clients have been told of impairments and write-offs in New Zealand and European assets.
Giant retailer has signed up to Drury East development from Kiwi Property Group on the heels of fast-track consent for Drury’s metropolitan town centre.
Listed real estate investor sells Sylvia Park lifestyle centre into large-format managed fund, though retains half-stake and management fees.
