Propbd on Q W20Aug14 – 4 sell at City Sales, both units passed in at Bayleys, strong yields for NZ Post buildings, Connaught repair job popular, Viaduct Capital trustee faces claim

4 units sell under hammer at City Sales – Both apartments passed in at Bayleys – 2 NZ Post buildings sell at auction – Traders swoop on damaged Connaught unit – FMA files civil claim against Prince as Viaduct trustee

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On the move, August 2014

Simons stays on Plumbers Board to complete hearing – Waters confirms retirement, Norris to take Fletcher helm – Overend made partner at Duncan Cotterill – Aurecon appoints new chief executive – Precinct alternate director replaced – Curnow & Taylor reappointed to Valuers Registration Board – Marg Mills joins JLL team on Shore – Construkt hires designer & 3 new graduates – Walker takes over at Hawkins Construction 4 months after Ashby’s exit – White Associates restructures to meet anticipated demand – Dons moves to Metro Commercial – Morley joins JLL’s new Shore industrial team – Envivo appoints Hardy & Atimalala to senior planning roles

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Auckland valuations used as rates basis rise average 33% in 3 years

Auckland property values have risen an average 33% since Auckland Council carried out its last revaluation, in 2011 – and in some areas as much as 44%. The new council revaluation, dated 1 July 2014, is under way. It will be used as the basis for council rates from the financial year starting 1 July […]

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Government suddenly finds $100 million to promote cycleways

One week after consultation closed on a Government proposal to provide $103 million over 3 years for pedestrian & cycling projects, Prime Minister John Key announced yesterday that a National government would make $100 million in new funding available over the next 4 years to accelerate cycleways in urban centres.

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Precinct maintains earnings as focus shifts to development

Precinct Properties Ltd said last Wednesday it ended the June year with similar net profit after tax to its 2013 result when a large tax benefit last year was excluded. But the company’s focus is very much forward, on developments at the Downtown Centre and in the Wynyard Quarter, and on how to maintain earnings while those projects are underway.

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4 apartments sell at auction, including one off $1 reserve

A developer-owned apartment off Symonds St, offered with a reserve price of $1 + gst, sold at Ray White City Apartments’ auction yesterday for $100,000 + gst. It was one of 4 units to sell under the hammer out of 5 offered at the auction.

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Commercial and Industrial Salesperson/Broker – North Shore

NAI Harcourts is part of one of the world’s largest and fastest growing commercial real estate brands. Enjoying massive growth in the commercial and industrial property sector and poised for further success, we have a vacancy for an experienced professional team-orientated broker with drive and ambition who is keen to join our very successful North […]

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