Microsoft throws $US500 million at Seattle unaffordability, and mayors vow to cut red tape

Tech giant Microsoft Inc said last Wednesday it would throw $US500 million at reducing housing unaffordability around its hometown of Seattle, and mayors around the region listed ways they’d make development easier.

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Auckland & Tauranga rank among internationally least affordable again in Demographia housing survey

Auckland has again ranked among the least affordable cities internationally in Demographia’s annual international housing affordability survey, out today, but Tauranga again beats it to take the rap as least affordable of the 8 New Zealand centres on the survey.

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Corrected: Wiri sale one of 4 for Colliers

The Trust Investments Property Fund has ended up with ownership of HEB Construction Ltd’s headquarters building in Wiri at a slightly higher price than it negotiated early last year after the rental figure was finalised, taking its portfolio of commercial properties to $150 million.

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Knauf buys 2 US building material suppliers, NZ commission outlines competition issues

German building materials supplier Gebr Knauf KG has entered into an agreement to acquire the international businesses of US company Armstrong World Industries Inc, on top of its $US7 billion acquisition of Chicago-based USG Corp. In New Zealand, the Commerce Commission is considering the USG merger’s competition impacts.

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On the move, December 2018

Alexander moves from Morrison to SkyCity – SkyCity Asian sales role – Ex-Gaze team sets up Interspace – McDermott exits Reserve Bank for Motu in March – Barnett returns to AlexanderDorrington – Winkelmann appointed Chief Justice – Aurecon names new leader for energy, resources & manufacturing business – New head for Aurecon Australia/NZ among global […]

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