4 objections have been lodged with the Environment Court against Auckland Council’s plan to dig a giant drain under houses along the St Mary’s Bay ridge, aimed at improving stormwater & sewage flows into the Waitemata Harbour.
Restaurant Brands NZ Ltd announced plans yesterday to roll out over 60 Taco Bell restaurants in Australia & New Zealand as directors said they would sell their shares to prospective new 75% owner of the listed company, Finaccess Capital SA de CV of Mexico.
Bayleys agents have sold 8 commercial properties in Taranaki & the Waikato, 7 at auction and one by tender, in its final Total Property campaign for the year.
Investore Property Ltd has an unconditional agreement for the sale of its Countdown supermarket in South Dunedin, 10 months after a tender for it closed.
The end-of-year updates… Auckland Council’s politicians are cramming for Christmas this week.
In the hubbub over the US-China trade war, one element of it skipped my notice: an act passed through both chambers of the US Congress which will heighten tension, reduce environmental safeguards & politicise aid.
Conrad Properties Group Ltd has bought the office tower at 369 Queen St in Auckland for $17.5 million and will convert it to apartments & extend it by 4 floors.
Bayleys & Omega Commercial have jointly sold 2 properties on Omega St in Rosedale, on the North Shore. Bayleys agents have also achieved the resale of a Wairau Valley property and have leased one in Rosedale.
Bayleys agents in Wellington sold 10 of the 15 properties they took to auction on Thursday in the agency’s final Total Property round of commercial auctions for the year.
The new 57-storey Pacifica residential tower being built on Commerce St in Auckland’s cbd has become the first development in the country to be granted exemption for foreigners to buy.
apartment, Bayleys, Zenith, Parnell, Bob Dey Property Report
Augusta Capital Ltd’s Augusta Industrial Fund has agreed to buy one Christchurch & 4 Auckland industrial properties for $174 million, taking the gross asset value of the fund to $294 million on completion.
The Goodman Property Trust has conditionally bought an industrial property in Mangere for $29 million.
The Goodman Property Trust’s sale of its interest in the owner of the VXV property portfolio Along Fanshawe St in Auckland, Wynyard Precinct Holdings Ltd, went unconditional last week.
Property Managers Group closed its $37.44 million Pacific Property Fund Ltd syndication offer fully subscribed on Friday.
Bayleys sold 11 properties for $21.6 million at its final Total Property commercial auction in Auckland on Wednesday.
A studio in the Guardian on Queen St and a unit in Keystone Ridge, at the far end of Dominion Rd, were sold at Ray White City Apartments today.
NZX-listed Vital Healthcare Property Trust has doubled its loan to its manager to support the acquisition of an increased stake in Australian listed company Healthscope Ltd.
Barfoot & Thompson Commercial agents based in Takapuna have sold a Newmarket Broadway building on a 6.46% yield. Isthmus east Newmarket 131-151 Broadway:Features: 2408m² site, 4734.67m² net lettable area, fully tenanted 5-level retail & office building, adjacent to Rialto, 87 parking spacesRent: $1,801,127/year net + gstOutcome: sold in November for $27.9 million at a 6.46% yieldAgents: Elaine Tutty & […]