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Fletcher is poised to be a major beneficiary of the Canterbury rebuild but ongoing aftershocks, including the earthquake on December 23, have stalled the work.The business underperformed by posting a 13 per cent interim profit drop... More... |
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Property company CDL Investments said annual net profit rose 30 per cent, reflecting increased sales of sections in Hamilton and Canterbury.CDL, which is 65 per cent owned by Millennium & Copthorne Hotels New Zealand, said net profit... More... |
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Fletcher Building's share price fell after the company reported a 13 per cent fall in its first half net profit.The shares are now trading at the stock was at $6.50 - down 14c (2.1 per cent) from Tuesday's closing level, after... More... |
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What could be the country's biggest building do-up is a third of the way through in Auckland's CBD.AMP NZ Office chief executive Scott Pritchard and operations general manager Peter Walkinshaw said the $76 million job on the 38-level... More... |
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The controversial plan of containing three-quarters of new housing development within Auckland's existing city boundaries is being revised.Auckland Council has eased up on its vision of squeezing residents up closer by keeping 75... More... |
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Dominant shopping mall owner Westfield is staging a seminar in Auckland next month to discuss the future of the sector.Debra McGhie, PR manager, said the gathering at the Langham from 7am on Tuesday, March 13, would examine a number... More... |
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A group of Maori with links to a bid for 16 Crafar dairy farms yesterday staged a protest at two of the properties at Benneydale, south of Te Kuiti.The group from South Waikato Ngati Rereahu said the tribe had been fighting for... More... |
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Analysts have upgraded Fletcher Building's outlook, pointing to the interim result out tomorrow possibly being better than expected.A construction materials outlook from global business RBS rated Fletcher to a stock to buy, priced... More... |
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Renewed confidence in the British housing market has prompted the biggest monthly increase in the asking price for a decade.New sellers this month helped increase average asking prices by 4.1 per cent, the highest monthly jump since... More... |
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Housing New Zealand is axing a service which has worked with other agencies to find private rental homes for people who can't get state houses.The personalised service will be replaced by giving people contact numbers for local... More... |
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Tenant demand for top-grade Auckland offices has improved and empty floors are filling up with workers.Chris Dibble, associate research director of Jones Lang LaSalle, said the CBD office market showed a solid turnaround in demand,... More... |
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Hearings into Ngati Whatua's fight to increase ground rent on the first two properties in its 20ha of inner-city Auckland land are concluding.But the iwi's boss said his organisation had tried to strike an accord with building owners... More... |
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A local company has secured a multi-million dollar deal with one of India's biggest corporations that will see its flooring technology used to construct staff housing at massive steel plants.Auckland's Speedfloor has licensed Delhi-based,... More... |
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Jane: Are you where you thought you would be in the rebuild process one year on? Roger Sutton: A year ago it was difficult to appreciate what the extent of the damage was. And those continuing aftershocks that w More... |
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The high-flyer dubbed "Million dollar Marnie" who had her real estate licence suspended for six months this week also has three convictions for drink-driving and appeared to lead a life of privilege while working for her former employer,... More... |
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Buyers for some properties need not always be in quick - some listings languish unwanted for 10 years.House sales climbed more than a quarter last month compared with the same period last year. Listings remained low, particularly... More... |
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An exclusive waterfront property once owned by the Barfoot real estate family is undergoing a full renovation for a TV home makeover show.The clifftop home in Glendowie has been stripped to bare frames for the show which will air... More... |
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A home owner who accepted an offer of $880,000 for a double-Grammar zoned house watched in amazement as it sold at auction a couple of days later for $1.3 million - a near half million dollar increase.The Auckland property - with... More... |
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New Zealand faces two crises, and one opportunity that the Government seems either ignorant of or unwilling to address.The first crisis is of housing supply in two regions. Auckland and Christchurch now have huge shortages of waterproof... More... |
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A multimillion-dollar Waiheke holiday home with its own private beach owned by a corporate trustee linked to embattled Auckland businessman Mark Hotchin has been put on the market.The Waiheke place is one of the island's best properties,... More... |
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