News

Bringing you the latest commercial property market news from NZ Herald and TrueCommercial.

  • More homes wanted around Cornwall Park

    More homes wanted around Cornwall Park

    Intensive housing development on land surrounding Cornwall Park is being proposed. The submission to Auckland Council's Proposed Unitary Plan also seeks the axing of historic and demolition controls, sparking fears of annual lease payment rises.

    Date Jul 2014

    more

  • Environmental group backs Unitec housing plan

    Environmental group backs Unitec housing plan

    An organisation representing 10,000 young Kiwis backs plans for Unitec and Eden Park, saying the city needs more intensive development and young people need housing choices.

    Date Jul 2014

    more

  • Rest home operator Oceania to list - report

    Rest home operator Oceania to list - report

    One of New Zealand's biggest retirement village and rest home operators could be poised to list on the NZX and ASX, seeking to raise up to $300 million, according to the Australian Financial Review.

    Date Jul 2014

    more

  • Ryman adds Tropicana to its portfolio

    Ryman adds Tropicana to its portfolio

    Tropicana, one of the biggest privately owned blocks of land in inner Auckland, has been sold to the retirement giant Ryman Healthcare. The 8.92ha farm in the Lynfield/Mt Roskill area was owned by Wilfred Allen "Bill" Subritzky, now in his late 80s. Ryman confirmed the purchase yesterday in an NZX notice.

    Date Jul 2014

    more

  • Tenders Sought for Fruit, Vege, Butcher Store

    Tenders Sought for Fruit, Vege, Butcher Store

    A well-known North Shore retail property with two occupants who have entered into new 15-year leases is for tender within Bayleys' latest Total Property portfolio.

    Date Jul 2014

    more

  • North Shore Surgical Centre

    North Shore Surgical Centre

    A two-level medical and surgical centre for sale on Shakespeare Rd, dubbed the North Shore's "medical boulevard", should attract a wide variety of investors, including doctors.

    Date Jul 2014

    more

  • Orchard Park's first fruits

    Orchard Park's first fruits

    A planned warehouse, office and retail complex that will be one of the first buildings to be constructed in Goodman's Orchard Park business estate at Albany on Auckland's North Shore is being marketed for sale or lease.

    Date Jul 2014

    more

  • Reality TV queen offloads sports bar

    Reality TV queen offloads sports bar

    TV mogul Julie Christie has placed her Auckland Viaduct-based sports bar on the market, along with her extensive personal collection of sports memorabilia. The Herald can reveal the move follows the Touchdown Productions founder's decision to switch her focus from television and hospitality interests and concentrate on a workplace drug-testing business.

    Date Jul 2014

    more

  • Brian Rudman: Cement traps us in the bad old days

    Brian Rudman: Cement traps us in the bad old days

    Plan for giant waterfront silos clashes with Super City aim of giving us all a say in way our city is developed

    Date Jul 2014

    more

  • Proposal opens up Queens Wharf

    Proposal opens up Queens Wharf

    Public space with stunning views counters plan for commercial buildings. The western side of Queens Wharf could become open space as part of plans for the downtown waterfront area. Waterfront Auckland wants to demolish the Cloud and ferry facilities to open up the western side of the "people's wharf".

    Date Jul 2014

    more

  • City auction draws hot bidding action

    City auction draws hot bidding action

    Two vacant buildings and a car yard site attracted the strongest bidding at a Bayleys Total Property auction in Auckland, and several of the properties sold for well over their reserve.

    Date Jul 2014

    more

  • Parnell site returns to market after 120 years

    Parnell site returns to market after 120 years

    A Parnell site with resource consent for a 7800sq m commercial office building has become available for redevelopment for the first time in 120 years.

    Date Jul 2014

    more

  • City fringe enters a new phase

    City fringe enters a new phase

    A redevelopment site is up for sale at 15-17 Union St within an Auckland city fringe precinct that is experiencing a new phase of transformation.

    Date Jul 2014

    more

  • Canadians in $1 billion property buy

    Canadians in $1 billion property buy

    Opportunities in the portfolio for further NZ expansion, says AMP Capital The new Canadian owners of the $1 billion real estate fund have opportunities to expand in New Zealand by further investing in real estate assets at Botany, Manukau, Tauranga and Christchurch, according to the man in charge of managing the business.

    Date Jul 2014

    more

  • AMP Capital sells $1b of buildings offshore

    AMP Capital sells $1b of buildings offshore

    AMP Capital Investors has agreed to sell 18 New Zealand properties worth more than $1 billion to Canada's Public Sector Pension Investment Board.

    Date Jul 2014

    more

  • Busy Hub in heart of Mangawhai

    Busy Hub in heart of Mangawhai

    The Hub commercial and retail centre is a popular stopping place for tourists as well as residents.

    Date Jul 2014

    more

  • Orakei offers superb prospect

    Orakei offers superb prospect

    A three-level mixed use Orakei commercial building fully leased to 10 tenants on a large site with future development potential is for sale for the first time in nearly three decades.

    Date Jul 2014

    more

  • Agribusiness Report: Foreign purchases and rural property

    Agribusiness Report: Foreign purchases and rural property

    It is difficult to determine if the purchase of rural properties by foreigners is a catalyst for higher rural land prices, but data supplied by the Overseas Investment Office (OIO) contains surprises -- like the tiny Grand Duchy of Luxembourg and principality of Monaco having received OIO approval to "invest" in more New Zealand land during the past five years than much-maligned China.

    Date Jul 2014

    more

  • Solid profile stands out in East Tamaki
  • Six tourism businesses hit market

    Six tourism businesses hit market

    In an unusual coincidence for a provincial location, six quality hospitality and accommodation businesses in Tasman Bay at the top of the South Island have simultaneously come on to the market.

    Date Jul 2014

    more

View all