The first real breath of fresh air into a ‘pretty hammered’ CBD, developer Andrew Krukziener says.
Tāmaki Regeneration has its sights set on 10,500 new state and shared ownership homes in Auckland's affluent east. It's taken 12 years to get to 2000, while it puts band aids on an existing portfolio of 2500 crumbling bricks and mortar houses.
Residential construction costs slowed to 1.1% over the past year, less than half the prior year as material supply chains play catch up.
The experienced real estate agent was censured for not disclosing neighbouring development plans before selling a $2.85m Pt Chevalier home.
And more to come as the hangover from the high rate lending cycle persists.
While Queenstown Council took 18 months to come up with ‘commercially sensitive’ information on publicly owned assets.
Rental listings were up 4% month-on-month during November, with ‘oversupply’ scenario tempering rental prices.
Northbrook development delayed for 12 months in expectation of lower costs.
Statutory managers PwC amassed $267,000 worth of fees to mid-December for management of Du Val's $35 million build-to-rent fund, though another deal could be signed by Christmas.
Coldplay and Pearl Jam concerts helped boost Auckland's hotel rates for the first time this year.