A decision from December marks Ingka Group’s largest single purchase in New Zealand to date.
Shareholders pass resolution allowing more related party borrowing to fund share redemptions.
Newly finished IHG hotel goes to company controlled by Malaysian infrastructure and investment giant YTL Corp for a ‘near record’ price.
The market regulator’s legal move against Harcourts’ Christchurch stronghold and its global top performer, could create ructions in the sector.
The portfolio juggling comes as Stride agrees to the sale of its Silverdale Centre for $114m to Investore Property, which it manages.
The NBR Rich Lister is taking legal advice on whether it’s the end of the road in his legal battle over key infrastructure at the town centre.
Statutory managers PwC say they’re still not having much luck getting responses from the failed property group’s founders Charlotte and Kenyon Clarke.
The country’s largest golf retailer has lobbed an unsolicited offer into council to save the popular North Shore golf course and upgrade Wairau Valley’s indoor arena.
Kāinga Ora and community housing providers are just operating under a ‘more sophisticated’ system, Housing Minister says.
Consenting delays seen as the biggest systemic issue in the sector, with almost three-in-four builders experiencing ‘stop the clock’ requests from councils.