Real estate stories
Asia-Pacific megacities dominate a US$4.2trn construction pipeline, with Dubai and London leading projects tied to housing and infrastructure.
FBR’s share price jumped 21 per cent after its Hadrian X robot built a 180sq m house in under three days, signalling possible disruption for builders.
Limited prime office stock is pushing Auckland CBD rents and yields higher, as hotel conversions leave developers short of sites.
Hangzhou’s proposed towers could ease water and energy pressures if approved, as the mixed-use scheme remains under review.
Higher sales and record prices point to a spring lift in New Zealand housing, with 6,791 homes sold nationally in October.
Private debt funding for roads and water in Milldale could ease New Zealand’s housing shortage, though buyers face annual charges.
New rules are set to steer developers towards better connectivity, data use and planning across greenfield sites, precincts and campuses.
Passengers in New Zealand and Australia should see fewer delays as sensor data helps KONE predict faults and cut lift downtime.
Councils could soon use digital planning tools to cut delays and paper work, while blockchain may also reshape property settlements and rentals.
Strong visitor growth and a chronic room shortage are keeping Auckland CBD hotel occupancy and rates high, with more demand ahead.
More than 2,680 delegates attended the Auckland event, as new energy management and smart-building displays drew strong interest from tradespeople.
Auckland ratepayers could avoid the bill for a 50,000-seat roofed stadium, as a business-backed plan links it to waterfront redevelopment.
Offshore investors have snapped up Auckland’s Waldorf Stadium Apartment Hotel in the city’s biggest hotel deal for 12 years.
Regional hotel buyers are chasing stronger returns as domestic and international visitors push tourism demand beyond New Zealand’s big cities.
The Victorian government could speed up delivery by copying policies from Vancouver and Portland, a new report says.
Tight space in Auckland’s CBD is expected to lift prime office rents by up to 5% a year until new supply arrives in 2020.
Commercial buildings could soon gain healthier air, light and sound systems as EDGE Technologies and Delos test a shared platform.
New Zealand house sales fell 3.0% in September as July’s low listings fed through, leaving volumes at their weakest since January.
The 48-level tower will add 226 apartments and a 233-room hotel, with a public market at street level and a roof garden above.
Value capture could help fund more projects as Australia’s infrastructure pipeline swells, with nearby landowners, businesses and taxpayers set to gain.
