Author Geoff

Property Trends
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The Langham Auckland will be rebranded as Cordis, Auckland in November this year Cordis Hotels and Resorts is a new generation of selected upper upscale modern hotels by Langham Hospitality Group that is “devoted to the guests’ needs and well-being”, catering to both business and leisure travelers. Continue →
Property Trends
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Chow Group Management Limited has awarded the hotel management contract for their Rotorua property to leading travel and lifestyle group, AccorHotels Currently undergoing an extensive refurbishment from a commercial building to a 130-room hotel, the property, just 500 metres from Lake Rotorua, will carry a 5-star brand and enhance Rotorua’s tourism offering. Continue →
Compliance & Legal
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Leading environmental legal firm Berry Simons says two recent legislative initiatives are symptomatic of the continuing decay of the Resource Management framework and institutions, and the quality of decision-making Partner Simon Berry and Senior Associates Jen Vella and Helen Andrews are concerned about the latest initiatives promoted by the Minister for Building and Construction. Continue →
Construction
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The largest reclamation in the southern hemisphere built for purely recreational purposes can’t seem to stop collecting major awards  Auckland’s Onehunga Foreshore Restoration Project has garnered numerous accolades over the past couple of years, the most recent being the Isthmus Group winning the prestigious WAN Transport Award 2016 award for the Taumanu Reserve Bridge. Continue →
Property Trends
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Property is New Zealand’s largest single industry according to a report by economists and research analysts, Urban Economics The 2016 Economic Significance of the Property Industry to the New Zealand Economy report, prepared for Property Council New Zealand, was based on analysis of the property industry’s economic contribution, size, value, and employment numbers. Continue →
Property Trends
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Hawke’s Bay’s economic buoyancy and increased retail spending has produced a 13 per cent retail occupancy improvement, according to the Turley & Co Retail Premises Occupancy Survey The property strategists’ and valuers’ report of key retail precincts says overall mainstreet occupancy for the first quarter of 2017, improved 13 per cent on the previous quarter “reflecting Hawke’s Bay economic buoyancy and retail spending growth” says the report. Continue →
Construction
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Auckland commercial property developers are being hit the hardest by increasing construction costs and capacity constraints, according to a new market analysis Colliers International’s latest monthly New Zealand Research Report details the pressures on supply due to the continuing rise in costs for new residential and commercial developments. Continue →
Facilities Management
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A global leader in architectural revolving doors and security entrance systems, Boon Edam, is further extending its operations in Australasia through a partnership with leading New Zealand door installation and service company Commercial and Industrial Doors Boon Edam Australia Managing Director Michal Fisher says the two companies will partner nationally in the sales, installation, maintenance and retrofit of the entry technologies of Boon Edam, which has dozens of Fortune 500 companies among its global clients, including some of the world’s largest firms. Continue →
Property Trends
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An earthquake of the same magnitude that struck Kaikoura in November last year would cost billions if it hit the capital directly, a new report claims The Forgotten Impact report by international risk management consultancy Deloitte estimates the country would sustain a $29 billion hit if a similar 7.8 magnitude quake occurred directly under Wellington. Continue →
Property Trends
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New Zealand’s ongoing tourism boom is continuing to drive unprecedented growth in hotel occupancy and room rates, new research from Colliers International shows The latest New Zealand Hotel Market Snapshot shows Queenstown and Auckland are continuing to outperform the hotel sectors in other regions. Continue →
Construction
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The University of Canterbury has signed a contract with Dominion Constructors for a state-of-the-art building in the university’s new Science precinct that will push the boundaries of multi-storey timber-framed construction in New Zealand Vice-Chancellor Dr Rod Carr says he is proud the latest Science precinct building will be built using innovative timber technology that the university’s academic researchers developed and are teaching UC Engineering students to use. Continue →
Training & Management
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A unique team-building exercise saw 18 staff from the Chow Group and sister company Inno Capital build three bicycles from scratch to help children battling adversity “We kept the activity a secret from both teams and when it was revealed, it was received very positively,” Chow Group Management Ltd Director John Chow reveals. Continue →
Finance
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Property Council New Zealand has welcomed the government’s announcement of $11 billion of new funding for infrastructure across New Zealand over the next four years The funding announcement, ahead of Budget Day, signals a clear commitment by government to continue its support for New Zealand’s economic growth and development. Continue →
Construction
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The potential efficiencies of new technology could lead to further growth for New Zealand’s booming construction sector, Chapman Tripp Partner Brian Clayton believes Last year a 57-storey building in China took only 19 days to complete thanks to Artificial Intelligence (AI) – computer systems that perform tasks traditionally performed by people. Continue →
Property Trends
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  There has been a dramatic spike in Wellington office sector confidence reaching 39 per cent, the highest result recorded since the survey began in 2006 according to the Colliers International New Zealand Q1 2017 commercial investor confidence survey Post-quake activity in Wellington has seen a 7 per cent reduction in office stock, pushing vacancy rates down in the CBD. Continue →
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