Real estate stories
Construction activity remains strong nationwide, with ready-mix concrete output topping 1 million cubic metres in the June quarter.
RealEstatePros launches in NZ, offering a seamless way to vet and select trusted local real estate agents, revolutionising industry transparency.
More office options are easing pressure on businesses in Auckland and Wellington as new projects lift vacancy from near-record lows.
Demand for desks is pushing average rates up in London and the US, as flexible workspace expands at double-digit pace worldwide.
China’s curbs on overseas dealmaking are likely to slow capital deployment, yet demand for global commercial property should remain strong.
Mass timber is gaining traction because it can match concrete on strength while cutting build times, waste and carbon emissions.
Heritage works at the 1876 Sudima Hamilton are set to draw new retailers as the CBD’s revival lifts foot traffic and spending.
Industry professionals will hear how AI, robotics and the Internet of Things could reshape buildings, facilities and urban spaces at an Auckland expo.
House sales have slumped by nearly a quarter nationwide, prompting REINZ to urge a review of lending curbs for first-time buyers.
The 52-metre scheme would replace the Leader’s Building and could briefly make central Wellington home to a record-breaking timber tower.
The factory could ease housing shortages by speeding up and cheapening construction, with excess capacity set to serve Southeast Asia.
Vacancy in Auckland’s CBD rose to 3.6 per cent in June, giving businesses seeking prime offices some relief after years of scarcity.
Record visitor numbers helped push hotel and motel consent values to GBP £490 million in the June 2017 year, Stats NZ says.
For most staff, easy access to cafes, public transport and car parks matters more than a nearby supermarket, a Colliers survey found.
New home approvals edged higher nationwide, with Auckland still dominating even as Canterbury's post-quake rebuild boom faded.
House buyers in Auckland could be paying about GBP £530,000 extra because land use rules are inflating prices, a government-backed report says.
Retail centres are shifting towards food, social spaces and experiences as shops fight to lure people away from online shopping.
Tenants and landlords may need to rethink parking, charging and delivery space as autonomous vehicles alter how commercial sites are used.
A government-commissioned report says land rules may account for up to 56 per cent of an average home's price, worsening affordability.
A crown-backed fund could unlock housing developments by easing councils’ debt constraints and paying for roads, water and sewerage.
