NZ Inc scores an F-minus for innovative thinking on science

That science thing, do it. I remember Bob Tizard, when he was science minister in the 1980s Labour government, telling Rotarians in Auckland the young government was going to invest more in science. It was hard to see much evidence of that or any subsequent government following up his enthusiasm over the next quarter century.

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Flurry of bidding ends auction year on high note

Ray White City Apartments’ final auction of the year ended with a flurry of bidding on each of 2 units in the Oaks on Hobson, next to the central police station, which were both bought by the same investor.

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Propbd on Q Th18Dec14 – 6 units sell, council plan decision, Augusta syndicate, 2 units sell, commercial sales, Acurity bid

6 units sell & 2 under negotiation at Ray White auction – Council long-term plan adopted for consultation – Augusta adds to Brisbane portfolio – 2 units sell at City Sales auction – GDP up 1% for quarter – Old Ponsonby fire station among 4 commercial sales, apartment sector quiet – Connor makes new bid for Acurity

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Silverdale development site, Fraser Cove shops sold

A development site beside the park ‘n ride at Silverdale has been sold by Colliers International agents to a private investor at $300/m². 3 shops in the Fraser Cove shopping centre in Tauranga have also been sold, all on 7% yields.

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World property Sun14Dec14 – Leighton offloads to Chinese, German housing, Sydney redevelopment, 270ha Melbourne subdivision, Valad trades, transit-linked mall, New Scotland Yard

Leighton sells John Holland to Chinese company – Sovereign fund joins German housing joint venture – Wynyard Station redevelopment advances – 270ha masterplanned subdivision for Melbourne fringe – Valad sells Berlin complex – Construction to resume on Copenhagen transit-lined mall – Abu Dhabi investor to replace New Scotland Yard with apartments

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On the move, December 2014

Deborah Taylor joins Heartland board – Cooke joins Babbage in Christchurch – Fletcher Building recruits light building products chief – Fletcher Building makes series of senior appointments – Ateed economic growth division restructures – O’Sullivan to switch from REI to Ockham – Morales moves to Knight Frank – 4 changes to council-controlled organisation boards – Hollis joins Colliers’ real estate management team – Alistair Luke joins Isthmus – Haagner moves to CBRE residential projects team – 2 new directors for Green Building Council

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Propbd on Q Th11Dec14 – Hot yields, 3 units sell, cashrate, Christchurch deal, one out of 3, 4 pass-ins, 7 sell, DNZ sells, Arvida fills up

Strong yields a feature of Colliers auction – 3 apartments sell at Ray White auction – Reserve Bank holds cashrate – Wynyard selects Christchurch site for research facility – One apartment sale at Bayleys – All 4 passed in at City Sales – 7 apartment & commercial sales at Barfoots – DNZ sells Hamilton industrial property – Arvida priority pool fully subscribed

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