Landlords stories
The ACT Revenue Office, leveraging OutSystems, launched new portals reducing refund processing time by 90% and slashing paper and email use dramatically.
Re-Leased appoints Gabrielle Cutfield as global head of people and operations as it expands into the US and Canada.
With mortgage rules easing, the Government is being urged to soften New Zealand's foreign buyer ban to help revive property sales and investment.
Queenstown looks most exposed, with tourism reliance and Airbnb saturation making its property market vulnerable to a COVID-19 downturn.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
Easing loan-to-value rules is only part of the fix, with commercial landlords warning wider support is needed to prevent a deeper downturn.
Landlords face stricter eviction rules during the lockdown, as tenants must be 60 days in arrears before Tribunal action can begin.
Hundreds of millions in rent and project revenue are at risk as New Zealand's commercial property sector warns of wider economic damage.
New Zealand property owners are being urged to avoid panic decisions, as low rates and support measures may help cushion the lockdown fallout.
Health and hygiene measures are likely to become permanent fixtures as the COVID-19 outbreak pushes employers to rethink office design and indoor air quality.
Tenants face a temporary freeze on rent rises and evictions as New Zealand's four-week COVID-19 lockdown halts viewings and house moves.
Businesses facing coronavirus disruption can now find daily-updated government guidance on tax, travel, staffing and workplace safety.
Mortgaged buyers lifted their share of property purchases to 25% by the end of 2019, with some suburbs seeing them dominate the market.
Tight housing supply and surging demand are pushing Dunedin values up 17% a year, with buyers still outpacing new listings.
Top-end flats are showing some weakness, even as most apartment prices move broadly in line with the wider property market.
Evidence from a New Zealand office trial could help landlords justify spending on healthier workspaces, with plants only part of the picture.
Investor buying climbed to 25% of New Zealand property purchases in July, the highest share since late 2016, CoreLogic said.
Affordability and tight supply are driving activity in cheaper districts, with Tararua, Waipa and Selwyn topping the turnover rankings.
Auckland’s weakness is masking stronger gains elsewhere, with provincial house values rising 8.2% over the year and interest rates low.
The real estate group is set to expand faster in New Zealand after Derryn Mayne bought a 25% stake, bringing ownership back into local hands.
