2 apartments sell at Ray White, and Grand Central (Railway Campus) issues head toward resolution

2 of the 3 apartments taken to auction at Ray White City Apartments today sold under the hammer. But a studio in the former Railway Campus, now named Grand Central – the old Auckland central railway station – was passed in at $20,000 as the redevelopment continues to struggle to attract positive interest.

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Propbd on Q F11Apr14 – food prices, occupancy, house prices, agency average, ministers’ powers, social housing, growing Northland, Summerset, Chinese reit

Food price index – Accommodation gains – Median house prices jump – Harcourts average up – EDS worries at excess powers for ministers – Smith launches new look of social housing – How to grow Northland economy – Summerset sales – First Chinese reit

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DNZ happy to breach investment guideline as it starts Westgate construction

DNZ Property Fund Ltd has started construction of its $155 million Westgate shopping centre. The mall will have about 90 specialty stores, a Farmers department store and a Countdown supermarket, and is scheduled to open in October 2015. Chief executive Peter Alexander said yesterday DNZ had exceeded its pre-leasing target of over 40%, including the […]

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