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.
Office assets shone while retail struggled.
Infratil was unable to build on its strong start to investing in purpose-built student accommodation in Australia, so has opted to sell.
Secured creditors are likely to see a shortfall of $15m.
The possibility of lower interest rates might not be enough to halt a market correction, says economist Cameron Bagrie.
Wellington City Council is increasing its commercial property rates.
Property management boss predicts landlords will start cutting costs.
Sometimes it's good to see a positive outcome from the 2017/18 cryptocurrency bubble.
Construction firms that don't innovate are destined to die, experts say.
Win-lose attitude in construction hurting everyone, Jasmax chief executive says.