NZ stocks settle back into steady trading - Market close
The New Zealand sharemarket settled back into steady trading following the large volumes and sharp price movements the day before, which included index...
Source: nzherald.co.nz
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Big debt bills forcing property developers to sell assets
Rising debt costs and shrinking valuations are forcing major commercial property developers to sell millions of dollars worth of assets. Precinct Properties...
Source: nzherald.co.nz
ADIA cashes out of Precinct Properties; Jarden on trade
The Abu Dhabi Investment Authority has sold its $262 million stake in Precinct Properties
Source: afr.com
Stonewood Group plans $100m 322-room Radisson Red hotel for Auckland
Property specialist Stonewood Group plans to convert a 15-level Auckland office block into a 322-room Radisson Red hotel in a job set to be worth about $100...
Source: nzherald.co.nz
Market close: Favourable earnings give sharemarket lift; Top gainer Comvita
The New Zealand sharemarket had its second positive day on the trot as shares were buoyed by favourable corporate earnings and speculation about a Fletcher...
Source: nzherald.co.nz
Watch: Mansons TCLM tops off $650m offices, Asian fund PAG buying
New Zealand’s largest privately owned commercial developer has topped off the country’s most expensive office block, the 12-level $650 million Fifty Albert...
Source: nzherald.co.nz
Property Insider: Heartbreak from The Ridge apartment purchase
Heartbreak for an owner in the derelict The Ridge; how the high-profile boss of active apartment developer Ockham Residential sums up the market in a...
Source: nzherald.co.nz
Sharemarket falls as reporting season kicks off - Market close
The New Zealand sharemarket had a topsy-turvy day after Vulcan Steel kicked off the latest reporting season with an expected sharp fall in earnings. The...
Source: nzherald.co.nz
Property Insider: Apartment 'hell' in new series; magic behind early highway fix; Chinese exodus; SkyCity, Fletcher results; Precinct with tangata whenua; support for sewer upgrade
Latest series on the ‘hell’ of apartment living screens on Sky, ‘magic’ behind road fix studied, Chinese developers leaving, half-year results from SkyCity...
Source: nzherald.co.nz
IHG's InterContinental Auckland open today: Top suite from $4000 a night
InterContinental Auckland opened today, with its top suite on level 11 of the refurbished Deloitte Centre building priced from $4000 per night. Hotel general...
Source: nzherald.co.nz