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Construction news
Landlord with quarter-kilometre downtown tower plans pushes up profit
New leases in 1HY25 were 22.8% above previous contract rents, company said.
SkyCity group profit down 73%
Casino, entertainment and hotel giant explains how market treated it.
Property Insider: Fixing Ryman’s sinking Edmund Hillary hub; Britomart revitalisation turning 20
Site was rubbish dump, says boss of Mainmark, drilling through floor slabs up to 4m down.
Foodstuffs and Watercare clash over new $100m Highland Park supermarket
Watercare says it has offered an interim solution so the opening can happen on time.
'Later than we hoped' - SkyCity reveals another big Convention Centre delay, hands out blame
Opening date is now 12 months away, says SkyCity. Fletcher says there's been no change.
Simplicity Living to build 264 homes in Morningside build-to-rent development
The project is scheduled to begin development later this year.
Property Insider: Billionaires want Herne Bay trees axed, two bookings at SkyCity’s convention centre
Is the money being cited really what it will cost to fix apartments near Eden Park?
NZ’s biggest new supermarket opens this month
More than 250 staff will work at the new store; over 200 job offers have been made so far.
Sprinkler dispute at Auckland Viaduct apartments: $23k claim dismissed
Unit had been altered with a wood roof and deep roof beams, minimalist design sprinkler.
Dug down, walls now rising for $400m Mount Maunganui retirement village
A giant sandpile sits at the centre of the site where perimeter walls have been built.
Where Auckland rents rose the fastest in 2024
Viewing and listings may be picking up after 'subdued activity' late last year.
Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.
Beca’s new flexi-working HQ: 900 desks for 1400 staff
Only 900 desks to be provided but more co-lab, quiet and flexible space offered to staff.
'Shocked': Kingsland Apartments owners get $36m minimum fix-up bill
Owners of 2-bedroom places get three choices: $350,000, $643,000 or $800,000 fix-up bill.
QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.
Kennards Hire optimistic on post-recession outlook as inquiries grow
Kennards Hire is seeing inquiries grow for equipment, as its competitor reported a loss.
Devonport $400m intensification plan fast-track application: New apartments, shops, offices
Major intensification plans show the Devonport spots in line for change.
‘Full throttle’ - IRD steps up January liquidations for unpaid tax
Inland Revenue confirmed a busy start to the year with the number of court applications.
New home consents up in November but down 12% annually
House-building costs only rose 1.1% in 2024, well below 2022′s increases.