Kiwi Property profit drops 77% as writedowns hit half-year result
Operating profit before tax rose 11.5% to $62.9m, reflecting income growth and disciplined cost management, the statement said.…
MP property rich list: Our MPs have stakes in a combined $379 million of property – who owns the most?
Richard and Suze Redmayne at Tunnel Hill, coastal Turakina. Suze Redmayne has the highest-value property portfolio of any…
A mystery tour of Auckland Central’s empty(ish) buildings
Welcome to the boulevards of broken dreams and ‘festering holes’. Follow me! Before we begin, please assemble to…
Neighbour wins payout over half-done, ‘blight’ of an apartment block
A man whose business sat right next to a half-finished apartment block is still waiting to be paid…
Landlord fined $33k for failure to maintain boarding house despite warnings
A Canterbury landlord has been ordered to pay $33,000 in pecuniary penalties for numerous breaches of tenancy law,…
$4.7b landlord Goodman Property Trust increases net profit 35%, starts at ex-Villa Maria estate
Spence described the portfolio as strong and resilient in the downturn. James Spence, Goodman Property Trust chief executive.…
Four things people often forget when writing their will but really shouldn’t
IS THAT EVERYTHING? It’s important to ensure you’ve included all assets in your will to save any confusion…
Society Insider: Rich-list property developer Nigel McKenna and wellness entrepreneur Sarisa Nasinprom’s lavish engagement party at Abstract hotel
“Not all our friends will be able to join us in Thailand, so this evening was about creating…
Why the current housing market is working for first-home buyers
Lower interest rates may be saving first-home buyers more than $480 a month, and helping more people into…
Hawke’s Bay rent prices drop slightly as demand softens – but crisis persists, a family says
The Ministry of Business, Innovation and Employment (MBIE) also publishes rental data based on bonds from new rentals,…
South lights hopes of ‘early signs’ of recovery in property market
The housing market remains “broadly flat” with home values across New Zealand dropping 0.8%, according to new figures.…
Country’s biggest property investor group evicted from Facebook
“Avoid fights. Post approval to remove anything fishy, and members report anyone sharing dodgy links and those profiles…