Real estate stories
Over 70% of construction companies globally have struggled with tech implementation, causing a delay in industry digitalisation.
Darabase targets a revolutionary stride in AR advertising with a platform to transform physical properties into AR adverts.
More than 1,500 workers and shoppers will flow into Commercial Bay each day as Deloitte moves into its new waterfront offices.
Sales and new listings jumped in November, with REINZ saying the housing market is showing signs of renewed confidence ahead of Christmas.
Cities are moving to protect residents and assets as heatwaves, floods and storms intensify, with four in five now facing climate hazards.
New data show annual rent growth hit 6.1% in October, as tight supply and strong migration keep pressure on tenants.
More vendors returned to the market in November as government and OCR certainty lifted buyer confidence and steadied asking prices.
Demand for prime office, industrial and retail space kept rents rising in Auckland, Wellington and Christchurch in the third quarter.
Buyer activity has lifted sales and listings, with prices broadly steady and homes taking fewer days to sell across New Zealand.
The 350-apartment scheme will add rental supply to Takapuna, with building consents next due in late 2024 after approval this month.
Vacancy constraints and rising rents have kept industrial property firm, but higher rates and a cooling economy are now testing demand.
Investors risk overpaying for a new build if they ignore resale competition, parking needs and whether the development is oversupplied.
Buyer interest lifted in October, with new listings, auctions and asking prices all rising after the election.
Lendlease chooses GitLab's DevSecOps platform to transform software development, fostering collaboration and shared security responsibilities.
New research says the model could help low-income families and key workers secure homes for generations in Aotearoa New Zealand.
A $24.8 billion roads and public transport plan could give builders more certainty and lift jobs, commerce and regional growth.
A weaker New Zealand dollar is helping lure North American buyers, with one investor already eyeing NZD $50 million for local businesses.
Buyers and sellers are returning to the market as September sales rose 5.1% year-on-year and homes sold in fewer days, REINZ said.
Home values are edging higher as first-home buyers and tighter supply lift activity in several centres, despite wider uncertainty.
Rental supply is set to grow as major developers and iwi back long-term homes, with new rules helping unlock more Build to Rent schemes.
