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The following articles are sourced from The New Zealand Herald


Unitary Plan reaction: 'My wife is in tears, it's pretty awful'
Wed, 27 Jul 2016 16:43
A couple who moved from London to raise their young family in New Zealand are "devastated" by the latest plan.Ben Grimer and Anna Macky spent their life-savings on a four-bedroom house on Kings Rd in Panmure to give their baby daughter...

 

Te Rapa furniture store up for auction
Wed, 27 Jul 2016 16:04
PK Furniture, a substantial retail property surrounded by other bulk retail premises at Te Rapa, Hamilton, is for sale.Close to "The Base" - one of New Zealand's largest shopping centres - it offers rental growth well ahead of the...

 

Future of Auckland unveiled: Unitary Plan to go up and out
Wed, 27 Jul 2016 13:33
• Rural urban boundary expanded to include 30 per cent more land and can be changed through a private plan change• Plan aims to meet Auckland's growth and double the feasible housing capacity for 422,000 dwellings•...

 

Auckland ghost house claims 'bollocks' - Eaqub
Wed, 27 Jul 2016 10:30
Claims of thousands of empty "ghost houses" adding to Auckland's housing crisis have been labelled "bollocks" by a leading economist.Shamubeel Eaqub told a gathering of about 100 lawyers, accountants, finance and property experts...

 

Boom in building consents
Wed, 27 Jul 2016 05:00
The number of homes being built in Auckland is forecast to rise to an all-time high next year, partly driven by a boom in apartments and townhouses.The latest National Construction Pipeline Report, released yesterday, predicts residential...

 

Ron Goodwin: Tenants from hell - an Auckland landlord's story
Wed, 27 Jul 2016 05:00
• Ron Goodwin is an Auckland landlord and member of the Auckland Property Investors Association. This is a response to Deborah Hill Cone's column on July 18 . You think it's easy being a landlord? All we do is sit around...

 

Toby Moore: Bursting the bubble will hurt everyone
Wed, 27 Jul 2016 05:00
• Toby Moore is a research fellow at the Institute for Governance and Policy Studies at Victoria University Economist Arthur Grimes' recent proposal to crash Auckland house prices by 40 per cent certainly raised a few eyebrows...

 

Auckland-driven $37 billion construction boom ahead
Tue, 26 Jul 2016 16:20
The pipeline of new Auckland housing will underpin a longer construction boom for the country, making up for an overestimation in the amount of commercial work in the pipeline, says the 2016 National Construction Pipeline Report.Prepared...

 

Chanel, Tiffany & Co stores poised to open in Auckland
Tue, 26 Jul 2016 13:50
The New Zealand debut of big-name international luxury brands Chanel and Tiffany & Co takes a step closer this week with a milestone for the shops' new home in downtown Auckland.Sarah Hull, the spokeswoman for Cooper and Company...

 

'Hardware store' worth of stolen tools found in Wellington home
Tue, 26 Jul 2016 12:38
A "hardware store's worth" of stolen power tools have been found in Wellington home.Wellington police found thousands of dollars worth of power tools in a Newtown home after arresting and charging a man with drug offences.Items...

 

Auckland business heading south to Queenstown
Tue, 26 Jul 2016 11:28
Businesses and retailers operating in Auckland are opening outlets at a new $20 million Queenstown centre, a property investment business says.The Landing, near Queenstown International Airport, was developed by Di and Lindsay Williams'...

 

Ray White links up with China to sell more properties
Tue, 26 Jul 2016 08:49
Major New Zealand real estate chain Ray White has made a new linkup with China in a move led from its Australia headquarters.The business here and in Australia has struck a deal with mega Chinese real estate business Lianjia.Carey...

 

Millionaire Auckland landlord reveals how he got rich
Tue, 26 Jul 2016 06:38
A former $17 per hour Auckland storeman who started out with only $4000 cash wants to tell others how to become multimillionaires via a new 'how to' property book - and any impending market downturn doesn't worry him.Mt Albert man...

 

Economist frets on property purchase tax ranking
Tue, 26 Jul 2016 05:00
A study ranking New Zealand the lowest for property purchase tax highlights a missed opportunity to make housing more affordable and boost supply, according to an economist.The international comparison of 26 countries conducted...

 

The Orange complements its predecessor
Mon, 25 Jul 2016 15:55
"The Orange" is kind of grand play on words, a vibrant commercial building acting as a backdrop to Auckland's historic Orange Coronation Hall, at 145 Newton Rd.Having scooped the Heritage Award at the 2016 Auckland Architecture...

 

RECENT DEALS for July 25
Mon, 25 Jul 2016 15:04
Unisys House soldUnisys House, 650 Great South Rd, Auckland, has sold on behalf of Stride Property Ltd to Maat Consulting Ltd for $31.8m reflecting 8.2 per cent yield. Brokered by Bruce Catley and Jonathan Ogg of CBRE, the building...

 

New town centre to transform Kumeu
Mon, 25 Jul 2016 15:00
More than 10ha of land in Kumeu, with an approved development concept plan and earthworks underway for a new town centre, is one of the trophy offerings for sale in Bayleys' latest Total Property portfolio.Located at 94-104 Main...

 

Pacific Property portfolio adds two acquisitions
Mon, 25 Jul 2016 14:38
Pacific Property Diversified Investment Company has announced a new offer to raise $15 million to fund the purchase of Auckland commercial office properties, in Henderson and Mt Eden."The premium properties will double the value...

 

Well-located Auckland CBD site with potential
Mon, 25 Jul 2016 14:30
A mixed-use Auckland CBD property at the northern end of Hobson St is up for sale offering an add-value or future development opportunity.The under-utilised 455sq m freehold site at 4 Hobson St is close to the waterfront.The five-storey...

 

House prices to peak next year on new supply, lower migration
Mon, 25 Jul 2016 14:22
New Zealand house prices will rise another 17 per cent before peaking late next year as accelerating building activity takes time to meet the imbalance between a lack of housing stock and growing demand, says economic consultancy...

 

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