Augusta buys at Silverdale – QV’s Auckland index 25% above 2007 peak, up 8.1% inflation-adjusted – Barnett to head council business advisory panel, Brewer the linkman
The Institute of Building’s northern chapter handed out 11 awards to top construction students at Massey University & Unitec at the end of November.
The Government has transferred the last 16.5ha at the former Hobsonville airbase from the Defence Force to the Hobsonville Land Co Ltd at an arbitrated price of $31 million.
One property on the NAI Harcourts auction list at Mairangi Bay this Thursday was sold last week on a yield of just over 5%.
Westfield Group announced another restructure and a couple of name changes on Wednesday.
Westfield Group has agreed to buy the Port Authority of New York & New Jersey’s 50% interest in the World Trade Centre retail premises for $US800 million.
Bayleys sold 7 commercial properties in the Wellington stage of its year-end Total Property auction last Thursday.
The Bob Dey Property Report weekly diary of Auckland Council, auctions, economy, events, Parliament & securities
Bob Kyle gets a new job – Second term for Electoral Commission chairman – Hooson elected to chair Green Building Council – Brett Watson dies – La Hood returns to Bayleys from Ponsonby Central
Which is the tail and which is the dog? Oh, and is one of the dogs trying to bite its own tail? Auckland Council supposedly sets the scene for its council-controlled organisations to work in, but…
Barfoot & Thompson managing director Peter Thompson said on Wednesday the agency’s residential sales figures for November showed no impact from the Reserve Bank’s restrictions on mortgage lending.
Building completions rose by $1.8 billion in the September year, mostly from a busier residential sector
USG Corp & Boral Ltd have applied for Commerce Commission clearance to enter into a joint venture to supply building products.
The Government proposes changes to development contributions provisions in the Local Government Amendment Bill which received its first reading in Parliament this week.
4 of the 6 apartments taken to auction at Ray White City Apartments yesterday were sold under the hammer.
8 of the 19 commercial properties offered at Bayleys’ final Total Property auction for the year were sold under the hammer on Wednesday.
8 of the 15 predominantly food outlets in the Wairau Junction redevelopment were sold under the hammer at Bayleys’ auction on Wednesday, or shortly after.
5 of the 6 apartments taken to auction at City Sales on Wednesday were sold under the hammer.
4 apartments sell at Ray White auction
4 food outlets in a development at 32 Constellation Drive, Rosedale – midway between the Northern Motorway & Apollo Drive – were sold under the hammer at a Colliers International auction yesterday.
8 sell under hammer at Bayleys’ Total Property auction – 8 revamped retail units in Wairau Rd complex sell at auction – 5 apartments sell under hammer at City Sales
Auditor-general Lyn Provost released her report, Inquiry into the Mangawhai community wastewater scheme, to a respectful but disbelieving audience of about 250 locals yesterday.
Statistics NZ started an argument back in October over Auckland’s rate of population growth, when it released preliminary census figures, but also produced its estimates, which put the population 129,000 higher than the census night figure. The census night & usually resident (slightly lower) figures were confirmed yesterday.
The Property Council says New Zealand has too many illogical geographical boundaries, with a rural-urban divide that impedes regional growth.
Courts Minister Chester Borrows said yesterday he’d told the Ministry of Justice to move to set district court schedules 12 months in advance nationwide, from the current 3-6 months.
Prime Minister John Key & Finance Minister Bill English put government on a new timeframe yesterday – a horizon further out than the next election – setting 10 new targets for better public service under 5 themes to be achieved over 5 years, each with a minister & chief executive to lead the challenge.
The Reserve Bank of Australia left its cashrate unchanged at 2.5% yesterday, saying global growth was running “a bit below average”, Australia’s economy had been growing “a bit below trend”, commodity prices were still high and most countries had contained inflation.
Major financial institutions formed a new financial literacy consortium yesterday – The Exchange.
Harcourts chief executive Hayden Duncan said yesterday the average house price in its northern region (Auckland & Northland) hit a new high of $659,835 in November, up 14% from $576,349 a year ago.
Terms of reference & timeframes have been set for a review of building access for disabled people.
Auditor-general releases Mangawhai report – and audience as disbelieving as ever; 2 food outlets sell at 6.5-6.7% yields
PropertyIQ NZ Ltd (now CoreLogic NZ Ltd) has completed analysis so it can categorise the buyer in every residential property transaction in the last 10 years as a first-homebuyer, a mover or an investor.
California-based CoreLogic Inc, which completed its acquisition of RP Data Ltd of Australia in May 2011, has put its name on the merged business of PropertyIQ NZ Ltd.
Statistics NZ said yesterday New Zealand’s merchandise terms of trade rose 7.5% in the September 2013 quarter to their highest level since 1973, pushed up by dairy export prices.
Urban design professor Dushko Bogunovich has dissented from the Institute of Architects’ submission supporting intensification in the Auckland Council unitary plan.
202 pubs to be converted to retail – Stalled Bristol project revived – Finnish fund looks abroad to invest – Australian healthcare property trust lifts portfolio to $A520 million – Aviva fund buys in Sydney
The Government has signed up for an 18-year lease in Unisys House in Wellington as part of a comprehensive $67 million refurbishment by the building’s owner, the Kiwi Income Property Trust.
A Colliers International survey out this week indicates more commercial property occupiers are demanding a higher seismic safety benchmark than they did 6 months ago.
The Beaurepaires building on Barrys Point Rd, Takapuna, has been sold at auction by NAI Harcourts on a 5.8% yield.
Bayleys agents have sold an industrial unit on Titan Place in Silverdale and leased an office in Ceres Court, off Apollo Drive in the Rosedale precinct.
NZF Group Ltd chief Mark Thornton said in the ailing NZX-listed company’s half-year report on Friday the board expected to reveal its conclusions on restructuring before Christmas.
Residential building consents crossed the 20,000/year mark for the first time in 5 years in October and the apartment sector has held steady at 1700 consents for the year.
The diary is updated weekly and contains main Auckland Council agenda items, consent hearings & submission closing dates, plus auctions, economic & property-related events, bills before Parliament and securities information.
Statistics NZ says housing consents trend downward – but it all looks up to me – PropertyIQ cleared to acquire Terralink
After having representatives of numerous sovereign funds troop through the mayoral door over the last 3 years looking for major investment opportunities, Auckland mayor Len Brown went to accountancy firm Ernst & Young for a position paper on public-private partnership models.
Westfield-Hammerson $NZ2 billion Croydon redevelopment wins double approval – GDI launches prospectus for $A567 million reit
The landmark Forsyth Barr House in Christchurch – one of the last remaining highrises in the cbd – has been put on the market ‘as is, where is.’
An industrial unit at the back of Henry Rose Place in Albany has been sold, and 2 units on the Mairangi Bay side of the Northern Motorway have been leased in the latest Bayleys North Shore transactions report.
The sales keep coming – today’s batch of transactions from Bayleys are all on the isthmus, except for one at Massey.
New Zealand’s migration flow continued strongly inwards in October – 8249 in, 4148 out for a net inflow of 4101, according to Statistics NZ’s monthly count…. The figures which demonstrate churn – NZ citizens out, non-citizens in – have changed, particularly the trans-Tasman figures.