3 apartments were sold under the hammer at City Sales’ auction on Wednesday, a studio in the Cambridge on Anzac Avenue was sold shortly after the auction and a unit in the Chatham on Pitt St was sold the next night. 2 units in the Imperial Gardens, which has remedial issues, were passed in.
Banks retrial ordered – Bridgecorp receivers lose insurance recovery claim – Building consents up after a dip
Auckland Council’s governing body made a series of important decisions yesterday on rates, development contributions, transport funding options, council-controlled organisations and an urban development authority.
Housing Minister Nick Smith & Auckland mayor Len Brown said on Wednesday the joint Government-council housing accord had exceeded its target by 20% in its first year.
The NZ Institute of Building’s northern chapter appointed 4 members as fellows last night, along with 8 winners of student awards. The chapter also made a special award to Alison Smith, who’s organised local & national institute events for many years.
Specialised Container Services (Auckland) Ltd (Dion Ross & Grant Tregurtha, Lower Hutt) has been fined $81,000 for discharging sediment & diesel into Harania Stream in Mangere, a stream which flows into the Manukau Harbour.
The one apartment taken to auction at Ray White City Apartments yesterday, a large unit in the Marina Apartments across Fanshawe St from the Viaduct business area, was sold under the hammer.
Hira joins Ray White – 3 more additions to CBRE’s ANZ account management – Barnes rejoins CBRE, this time in isthmus industrial – 3 new senior staff named to council planning division – JLL establishes integrated portfolio services team – Match moves to Britomart – Wanaka developer Bob Robertson dies – Construkt adds to architecture workforce – Gordon takes over as Bell Gully chairman, Gault as deputy – Jasmax appoint interiors team leaders – Financial advisors code committee gets 3 new members – Metlifecare appoints operations manager – Tilbrook to leave Fletcher board – JLL appoints assistant project manager – Henley leaves World Green Building Council – Corbel makes 3 senior appointments – Oyster hires new chief financial officer – Michelle Smith joins Pyne Gould board – Lloyd to head CBRE’s new NZ residential projects business – 5 promoted at Envivo – 2 architects join Context and 2 staff promoted
2 warehouse units at Rothwell Avenue, Albany, were leased yesterday at $118/m².
Statistics NZ’s latest household economic survey shows spending on housing is growing faster than incomes, and homeowners are paying off more mortgage principal.
2 warehouses, one at North Harbour and the other in Wiri, were sold under the hammer at Colliers International’s auction today.
3 sell at City Sales – 2 sell at Colliers – 6 suburban & cbd units sold, Awhitu land passed in
Auditor-general Lyn Provost issued a blunt warning yesterday: New Zealand communities, in general, need to sharpen their information about & commitment to infrastructure or they will guarantee failure of services. Mrs Provost warned that population shifts could make some communities unable to continue paying to maintain basic services
Stampede to buy latest luxury Sydney apartments – Charter Hall buys Inghams portfolio for 6 funds
Bayleys agents have signed up 5 sales & 3 leases in central isthmus suburbs.
China’s biggest dairy company, Yili (Inner Mongolia Yili Industrial Group Co Ltd), said on Friday it would spend another 2 billion renminbi ($410 million) on top of the RMB1.2 billion already spent on its Waimate project in South Canterbury.
The net inflow of migrants rose by 55% this October and by 30,000 for the year, there was a small net inflow from Australia and a net inflow of NZ citizens for the month, and the net migrant inflow to Auckland rose by 15% for the year.
Precinct Properties NZ Ltd has entered into an unconditional agreement to sell SAP Tower at 151 Queen St to Robt Jones Holdings Ltd for $97 million, 8 weeks after notifying the market of a possible deal with an Australian buyer.
The Court of Appeal has upheld a ruling on a $3 million Okura subdivision contract dispute requiring developer John Hamilton’s SOL Trustees Ltd to pay for work done before any counterclaim is considered.
Chinese insurer buys Sheraton in Sydney – ASIC applies to ban LM founder Peter Drake – Fifth Avenue rents soar above $NZ46,000/m², Sydney mall jumps 25% – Goodman & Canadian fund lift China investment to $US2 billion – Hermes creates UK venture with Canadian fund, US venture with Lionstone
New national retirement village company Arvida Group Ltd raised the full initial $75 million sought through its 95c/share initial public offer this week, supported by strong demand from New Zealand & Australian institutions and NZX firms.
Maori political campaigner & broadcaster Willie Jackson has forced a new vote for one of the 2 mataawaka seats on the Independent Maori Statutory Board, which represents Maori on Auckland Council committees.
Bob Dey Property Report weekly diary of Auckland Council, auctions, economy, events, Parliament & securities
The luxury Park Hyatt brand was named today as operator of Beijing-based Fu Wah International Group’s $200 million new hotel in Auckland’s waterfront Wynyard Quarter.
Auckland Council’s budget committee went close to voting in an inconsistent compromise on rates yesterday, before voting 10-7 to recommend not to adopt a rates transition management policy for the 2015-16 financial year.
Auckland Council’s economic development committee just managed to get a quorum for its last meeting, but failed to do so today.
Auckland Council staff put options for the now-defunct civic administration building on the edge of Aotea Square to councillors at a workshop yesterday, and followed up with a media briefing.
“It’s kind of ironic because we’ve just butchered the plan, but can we thank Dave?”