January building consents for new homes were up slightly on last year, from 1644 to 1703, but the annual rate of consents is running 14.6% ahead.
Finance Minister Bill English said yesterday 7500 new houses were expected to be built in Tamaki over the next decade as part of the Government’s programme of increasing & speeding up new housing developments.
The Government has pulled back from the threat of withdrawing gst-registered status from all bodies corporate. Revenue Minister Todd McClay said yesterday they can be registered, but won’t have to be.
A council meeting at cross-purposes yesterday may not, in the end, result in early approval for more Waitemata Harbour reclamation.
New Zealand’s net migrant inflow has more doubled in the year to January, from 25666 last year to 53,797.
Quickfire bidding resulted in all 3 units taken to auction at Ray White City Apartments yesterday being sold under the hammer, without the pause frequently seen in auction rooms to ascertain whether the property was on the market.
Envivo makes 2 engineering appointments – Crockett to move from Spark to Fletcher – Law joins Harbour Asset Management as sales director – Madison’s Bennett to take charge at AWF – Petersen joins Augusta board – CBRE hires valuer & 2 retail agents – Gimblett takes over from Barclay at Goodman – Bishop to manage Harker Underground – Ireland joins JLL in Christchurch – Rodgers exits JLL Wellington to start own firm – Bent takes over from Piper at Bayleys Property Services – Hermann takes on Kiwi Property development role – Leading Australian architect takes on new sustainability role – Bell Gully announces 12 new senior appointments
Rapid bidding secures 3 apartment sales – Net migrant inflow jumps again
The independent panel hearing submissions on the Auckland unitary plan has told submitters the council’s proposed provisions for the new rural:urban boundary “may be overly stringent” and that a more flexible boundary would be better.
The first special housing area in Auckland to get consent for development is a 31.4ha site at Whenuapai.
Auckland mayor Len Brown and Precinct Properties NZ Ltd chief executive Scott Pritchard were elated yesterday: the city will get an early start to its rail tunnel linking Britomart round to Mt Eden, and Precinct can develop a new near-waterfront tower on schedule.
Scentre Group, operator of the Westfield malls in Australia & New Zealand, has begun the process of selling the 4 New Zealand shopping centres it hadn’t already sold 49% of.
An Auckland Council committee will shut the public out tomorrow when it relitigates its stance on port reclamation for the unitary plan hearings.
Downtown deal struck – Precinct ebit up but npat down – Precinct 1:7 rights issue – 3 apartments sell at Bayleys – Metlifecare lifts profits – Summerset grows assets & returns – Scentre to sell the other 4 NZ malls – Unitary plan panel talks flexibility – First special housing area gets rezoning & consent
Bayleys agents have secured 6 sales & 4 leases through the industrial areas on the eastern side of the Auckland isthmus.
Bayleys agents have recorded 4 sales & a lease in West Auckland.
The most disturbing statistics out on Friday were the local population projections through to 2043. What the statisticians don’t do is project how these anticipated courses might be changed.
Transport Minister Simon Bridges turned the first sod on Friday to start a $146 million upgrade of Auckland Airport’s main access road, George Bolt Memorial Drive (State Highway 20A).
The Auckland unitary plan hearings panel expects to issue interim guidance – not recommendations – by mid-March on the principal issues arising from submissions on the regional policy statement.
Auckland Council’s Auckland development committee will be asked on Thursday to restore non-complying status for some Waitemata Harbour port reclamation.
Bob Dey Property Report weekly diary of Auckland Council, auctions, economy, events, Parliament, securities
The NZ Superannuation Fund said yesterday it was fighting the Bank of Portugal’s switch of a senior debt obligation from Banco Espírito Santo’s “good bank”, Novo Banco, back to the toxic side of the bank.
The Outside Sports building at 36-38 Shotover St in Queenstown will be reconfigured this year as 3 brands new to the town take over the retail space.
Millbrook Resort outside Queenstown has started public consultation on a proposal to develop 66ha of adjacent land.
Wanaka-based Infinity Investments Ltd has decided to sell the Ravenswood Village development in North Canterbury and refocus its business on Central Otago.
Both units auctioned at Ray White City Apartments today were passed in.
2 warehouses, one on a Glen Innes site with development potential in a changing neighbourhood, sold under the hammer at Barfoot & Thompson’s auction yesterday.
A city-fringe apartment & 4 suburban units – 3 of them in Mt Eden – were sold under the hammer at Barfoot & Thompson’s auction yesterday.