Most new dwelling consents become homes
Ninety-seven percent of new dwelling consents lead to a completed home, experimental figures released by Stats NZ show. Continue →
Author Geoff
Finding a value for sunshine
A property that gets more exposure to sunlight is more attractive, especially in ‘temperate’ climates like New Zealand’s, but until now the value of that sunshine has not been calculated. Continue →
City Rail Link disruption a lesson for businesses
Businesses are being warned not to ignore the impact that big infrastructure projects could have on their premises. Continue →
Auckland shopping centre rebranded by new owners
The WestCity shopping centre in Henderson, Auckland, is being rebranded as WestCity Waitakere under new ownership and management. Continue →
Christchurch’s tallest hotel opens for business
The 17-storey Crowne Plaza Christchurch opening marks a milestone for the revitalised city. Continue →
Design and build hub launched to answer key questions
A new design and build initiative looks set to be a boon for designers, architects, developers and home owners alike
Leading designer and builder of award-winning homes Jalcon has launched a Design and Build Hub where all questions relating to building unique, architecturally designed homes can be answered, promoting clarity and confidence in the design and build process. Continue →
New Zealand homes gradually going green
There has been a 10-fold increase over the last three years in new homes registering under the Homestar™ rating tool. Continue →
What’s the future of housing in New Zealand?
Leaky homes, eye-watering prices, an ageing housing stock and a growing population – it’s no surprise housing is likely to be a major election issue. Continue →
25 King takes the sustainable construction crown
Australia’s tallest engineered timber office building has been officially launched and has set another example of superior sustainable construction practices
Formerly known as 5 King, 25 King was acquired by leading Australian Impact Fund Manager, Impact Investment Group (IIG), their second commercial building in the $2.9 billion Brisbane Showgrounds redevelopment. Continue →
Track and trace building products system mooted
The latest BRANZ report suggests introducing an electronic traceability system to solve the problem of fixing and replacing non-conforming building products that could be costing more than $200 million a year
The building research body estimates that between $95m and $232m is spent each year on repairing or replacing non-conforming or failing building materials and those that are not fit for purpose. Continue →
Suspect cladding found in New Zealand buildings
At least two Auckland high-rise buildings have been clad with combustible panels similar to those implicated in London’s Grenfell Tower disaster
The Auckland council has declined to say which buildings are affected, but does say they are privately-owned and the material is being replaced with fire-proof cladding. Continue →
Investor confidence in industrial property market rises
Investor confidence in New Zealand’s industrial property market has increased across all the main centres, while sentiment in the office, retail and residential market has dipped
Colliers International’s latest quarterly survey results reveal confidence in the overall commercial property market has dipped slightly to 22 per cent, down from 24 per cent the previous quarter. Continue →
Kaikōura earthquake costs insurers nearly $2 billion
The total value of insurance claims for the 14 November Kaikōura earthquake is $1.84 billion as at 31 May 2017, the Insurance Council reports
Private insurers have received nearly 43,000 claims, of which over 31,000 are for residential properties. Continue →
Auckland Council to sell asset portfolio
Auckland Council’s Finance and Performance Committee has agreed to sell the final $130 million contained in its diversified financial asset portfolio, with proceeds used solely to fund public transport and stormwater infrastructure. Continue →
New online tool highlights health & safety red flags
A new online safety audit is now available to help New Zealand businesses assess how well their health and safety system is performing and identify areas of risk
Leading nationwide health and safety consultants, Securo, estimate two-thirds of New Zealand businesses still have no idea how their contractors, regional branch offices or even their own workplaces rate in terms of the new health and safety requirements, despite new laws having been introduced more than a year ago. Continue →
World-class industrial facility wins Supreme Award
A new industrial manufacturing facility has won the Supreme Award in the Property Council New Zealand Rider Levett Bucknall Property Industry Awards 2017
The Sistema manufacturing facility received the Rider Levett Bucknall Supreme Award, after being awarded the ‘Best in Category’ for the Yardi – Industrial Property Award at the annual black-tie gala dinner at Spark Arena in Auckland on 16 June. Continue →
Retail centres will benefit from new bus routes
Auckland Transport’s new bus routes will offer far greater convenience and travel options to the city’s retail centres according to an industry expert
“The focus on frequent bus services to and from the major hubs is good news for Auckland’s retail centres,” says Campbell Barbour, chair of the New Zealand Council of Shopping Centres (NZCSC). Continue →
Screen network reaches shopping centre milestone
oOh!media has expanded its full motion digital and classic advertising network in New Zealand to 50 major shopping centres following new agreements in Hamilton, Christchurch and Auckland
The 50-centre milestone confirms oOh!’s Continue →
Explore infrastructure funding options, OECD urges
The OECD has called for greater exploration of options for funding public infrastructure in its latest New Zealand survey
The Organisation for Economic Co-operation and Development notes in its 2017 OECD Survey of New Zealand that the recent Auckland Unitary Plan will allow greater housing densification and some expansion of urban development limits, thus helping boost housing numbers. Continue →
Construction industry forum will tackle election issue
New Zealand’s building and construction industry will come together in August at the Constructive forum, tackling one of New Zealand’s key political issues just six weeks out from the General Election
The forum, launched last year by the Registered Master Builders Association (RMBA), will focus on collaboration and transformation in the sector to position the industry better to respond meaningfully to New Zealand’s building and construction needs. Continue →