2 Mt Maunganui light industrial properties have been sold at sub-5% yields in Bayleys’ Total Property auction series, and 5 commercial, retail & industrial properties in Wellington, Nelson & Christchurch were sold at auctions in each city.
Read more →Wellington
PMG confirms capital-raising fully subscribed
PMG Property Funds Management Ltd confirmed yesterday that its latest offer of shares in Pacific Property Fund Ltd had closed fully subscribed.
Read more →Updated: Courtenay Place building & Vivian St development site among Wellington sales
Bayleys agents in Wellington have sold 5 commercial buildings on the Te Aro flats, plus a mixed-use property on the suburban side of the Hataitai tunnel.
Read more →6 commercial properties sell at Hutt, Napier & Tauranga auctions
All 3 Lower Hutt properties, the one in Napier and 2 of the 3 auctioned in Tauranga in Bayleys’ Total Property 5 series last week were sold under the hammer.
Read more →PMG opens capital-raising for Seaview industrial park
PMG Property Funds Management Ltd’s unlisted Pacific Property Fund Ltd launched its 7th capital-raising this week, for $42 million to buy the 3ha Seaview industrial park in Wellington.
Read more →3 warehouses & retail unit sell
3 warehouses in Tauranga & the Grenada business Park in Wellington, and a retail unit in Petone were sold at Bayleys’ Total Property auctions last week.
Read more →Vital hires Hawkins to rebuild Wellington hospital
Vital Healthcare Property Trust said today it’s signed a contract with Hawkins Construction Ltd for the first stage of a planned 3-stage redevelopment of Wakefield Hospital in Wellington.
Read more →Upgrade for Gracefield science quarter
Research, Science & Innovation Minister Megan Woods said this week the Government would inject $75 million into the Gracefield Innovation Quarter to redevelop the Hutt Valley science commercialisation site.
Read more →7 more sales as auction series continues down country
Bayleys sold 7 properties in the Waikato, Bay of Plenty & Wellington last week in its third Total Property auction series for the year.
Read more →8 sales around North Island continue Total Property success in Auckland
Bayleys has sold 8 properties south of the Bombays for a total $10.4 million in its second Total Property commercial campaign for the year.
Read more →Paraparaumu development sites lead southern sales
Bayleys agents have sold 3 development properties in Paraparaumu – a total of 12 sites – plus 3 other industrial properties & an office building in the lower North Island.
Read more →8 properties sell at Bayleys’ Hamilton & Wellington auctions
All 5 properties were sold last week in the Wellington auction of Bayleys’ Total Property commercial series, and 3 were sold at the Hamilton auction.
Read more →PFI completes Gracefield sale
Property for Industry Ltd settled the disposal of an industrial property at 50 Parkside Rd at Gracefield in Wellington on Wednesday.
Read more →Wellington office adds 19 commercial sales to December tally of 15 at auction
On top of selling all 15 properties at its Total Property auction in December, Bayleys’ Wellington office notched up over $44 million of other sales for the month.
Read more →4 more sales take Wellington auction clearance to 100%
4 properties that were passed in at Bayleys’ Total Property commercial auction in Wellington on 6 December have since been sold, giving 100% clearance.
Read more →Updated: Bayleys year-end auction series yields $25.6 million from 14 sales
Bayleys sold 11 properties for $21.6 million at its final Total Property commercial auction in Auckland on Wednesday.
Read more →11 sell at Bayleys’ Wellington commercial auction
Bayleys agents in Wellington sold 10 of the 15 properties they took to auction on Thursday in the agency’s final Total Property round of commercial auctions for the year.
Read more →7 commercial sales around North Island
Bayleys agents have sold 7 commercial properties around the North Island – in Levin, Napier, New Plymouth, Petone & Upper Hutt.
Read more →Sale St redevelopment sells
A redeveloped building on Sale St (pictured), above Victoria Park, and 2 development properties on Greenlane & in Papakura are the leading sales in Colliers’ latest transactions list.
Read more →Cassels sells Spark Central
Ian Cassels’ The Wellington Company Ltd has sold its Spark Central building in Wellington for $197.5 million, 3 months after CBRE launched a marketing campaign.
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