Real estate stories
COVID-19 brought Home Live to the attention of the real estate industry as agents and property managers as they hit limitations.
Ng Beng Tiong ('BT Ng') has been appointed as Chairman of the Board of Directors, Advisor and Member of the Investment Committee.
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, according to JLL.
Most New Zealanders want flood-risk homes disclosed, as a survey warns opaque climate messaging could damage trust across property markets.
Affordable Southland is drawing first home buyers and investors, with Invercargill’s median house price hitting a record NZD $488,000 in August.
Rising mortgage rates and inflation are still weighing on New Zealand property sales, though agents are seeing more first-home buyers returning.
Softening house prices could tempt vendors to go private, but agents still deliver about 15% more on average, Century 21 says.
Higher urban land costs and borrowing pressures have driven New Zealand house prices up for two decades, though reforms may ease them.
Tenants can keep choosing their own retailer as building owners and body corporates turn privately owned power lines into recurring income.
A third of the 400 apartments are already occupied as the 59-level Southbank tower opens, signalling stronger demand for rental stock in Melbourne.
Industrial rents are being pushed higher by record-low vacancy, as office and retail markets in Auckland, Wellington and Christchurch tighten.
Rental-home developers are set to gain retroactive relief from interest deduction limits, with 10-year leases required to qualify.
Sharply higher mortgage rates and refinancing demand are set to deepen New Zealand’s property slowdown, CoreLogic warns.
Experts say the government’s adaptation plan may leave councils and vulnerable communities exposed to worsening floods, heat and sea-level rise.
Higher inflation and 30-year-high interest rates are forcing landlords and tenants to renegotiate rent formulas as costs and vacancies diverge.
Materials shortages and labour pressures have pushed CoreLogic’s residential construction index to its steepest annual rise since late 2012.
Lifting price caps is expected to unlock stalled Auckland projects after the lender set aside GBP £600 million for about 1,000 homes.
A voluntary new tool will let property groups measure social sustainability impacts across construction projects, precincts and assets.
Demand is still holding up this winter, with first-home buyers helped by easier deposit rules and lending changes despite softer sales.
Prime office shortages are squeezing Auckland, Wellington and Christchurch, even as higher costs and hybrid work test new projects.
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