Real estate stories
CyrusOne promotes Bill Williams to CIO, recognising his pivotal role in shaping the firm's technology and connectivity offerings since 2012.
Its 90th House of the Year award puts the family-owned builder ahead of any rival in Auckland, with a national final still to come.
Christchurch’s regeneration was underscored as Tūranga won the Supreme Award, while 10 other projects were named category winners.
The real gains will come from analytics and workflow software, not from simply adding more connected sensors to buildings.
Widening the KiwiSaver HomeStart grants could help more first-home buyers bridge soaring deposits as rents climb and rates stay low.
Workers increasingly want offices with nature, flexibility and better amenities, forcing developers to move beyond rigid, process-driven design.
Auckland owners face weaker values for longer, but CoreLogic says the city lacks Sydney’s apartment glut and crash risk remains limited.
New dwelling consents are still climbing despite labour and materials constraints, with Auckland’s smaller homes now outpacing standalone houses for the first time.
Demand for warehouse space is rising as online retail squeezes physical stores, with New Zealand investors watching Australia’s boom closely.
Affordability and tight supply are driving activity in cheaper districts, with Tararua, Waipa and Selwyn topping the turnover rankings.
Auckland’s more permissive zoning is helping ease prices, widen lending and give first-time buyers a better shot at home ownership.
New Zealand operators can now tap a fast-growing office market as two thirds of large corporates plan flexible space use.
Affordability is pushing first home buyers to dominate purchases in several New Zealand suburbs, with some taking more than 60% of sales.
Auckland’s housing shortfall is worsening as consent and completion numbers slip, raising pressure on ministers to speed up land release.
It will add 226 apartments and a 233-room hotel to downtown Auckland as demand for CBD homes outstrips supply, with completion due in 2024.
Property demand in Auckland and Queenstown has softened after the ban, with foreign purchases plunging 81% in the first quarter.
Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.
Melbourne office tenants could soon get the city’s first premium timber tower, with GPT aiming to complete the Frame project in late 2021.
Passengers could soon book flying taxi trials in Melbourne or Sydney, as Uber prepares to name its first international test city on Monday.
New Zealand entrepreneur Mark Hurley is launching Jasper, a tech-enabled marketplace for investing in commercial real estate with lower minimums and fees.
