Yield slashed as panelbeating shop sold again

A Penrose property occupied by a panelbeater has been sold by Bayleys agents on a 4.9% yield. It was previously sold in December 2014 for $1.23 million at a 7.52% yield. Another 4 properties around Auckland’s southern suburbs were sold vacant.

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On the move, June 2018

John Bullen dies – Rider Levett Bucknall appoints new Oceania chair – Gosche named Housing NZ deputy chair – Whineray confirmed in top role at Super Fund – Westfield executive to head Kiwi Property – 2 new associates at Rider Levett Bucknall – Church returns to JLL – Brunton made partner at DLA Piper – […]

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Waikoukou, the Transpower headquarters on Boulcott St, Wellington.

Property Council award a tribute to Maurice Clark’s reinvigoration skills

The Property Council’s supreme award last night, to the former Dominion Post building on Boulcott St in Wellington, now known as Waikoukou and the headquarters of Transpower NZ Ltd (pictured), is a tribute to Maurice Clark for his determination to salvage tired buildings and light them up for new users. He also salvages old names. […]

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