Precinct Properties NZ Ltd says its $89 million valuation gain in the year to June lifted the portfolio value over the $2 billion mark. Continue →

A new Colliers International service is providing an alternative to traditional bank funding solutions by matching commercial property investors to development and investment opportunities. Continue →

Auckland will get $300 million from the government’s new Housing Infrastructure Fund and will also receive extra funding later to help overcome the council’s balance sheet constraints. Continue →

The Housing Infrastructure Fund will provide 10,700 more houses across two major new subdivisions in the Waikato, Finance Minister Steven Joyce and Building and Construction Minister Dr Nick Smith say. Continue →

Five of New Zealand’s fastest-growing councils will have infrastructure projects funded through the government’s $1 billion Housing Infrastructure Fund. Continue →

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’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 →

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 →

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 →

The New Zealand economy has just celebrated its seventh year of uninterrupted annual expansion, BERL chief economist Dr Ganesh Nana notes On the back of strong population growth, in turn driven by unprecedented migration inflows, GDP has grown 18 per cent since 2010. Continue →

Property Institute of New Zealand chief executive, Ashley Church, is calling upon Finance minister Stephen Joyce to renegotiate the government’s target agreements with the Reserve Bank in light of this week’s announcement that current governor, Graeme Wheeler, will not be seeking a second term. Continue →

Advertising company oOh!media has secured an exclusive agreement with AMP Capital Shopping Centres to provide Out Of Home advertising media at four major New Zealand retail centres. Continue →

While your house may be worth a fortune, it’s now harder than ever to convert property assets into cash because New Zealand’s major banks are assessing mortgage and loan applications against income over equity. Continue →

The unemployment rate rebounded in the March quarter lifting from (an upwardly revised) 5.4 percent to 5.7 percent. Continue →

Retail spending using electronic cards was $4.8 billion in April 2016, up $348 million (7.8 percent) from April 2015. Continue →

The closing of the doors of Dick Smith’s stores across the country marks a time of new beginning for some significant-brand retailers. Continue →

Property For Industry, the listed industrial property investor, increased annual profit 21.5%, with an uplift in the value of investment properties strengthening its balance sheet. Continue →

  Total manufacturing sales rose in the December 2015 quarter after a strong increase in the September quarter. Continue →