Bayleys sold 8 commercial & industrial properties in Tauranga, Cambridge, Hamilton, Wellington & Christchurch on Wednesday & Thursday as its Total Property auction series moved south.
Read more →Wellington
Alpha apartment sells, little interest in Dunningham unit or hotel studio facing remediation
An Alpha apartment near the foot of Nelson St was sold at Ray White City Apartments’ auction today, but a Dunningham House unit on nearby Wolfe St attracted little interest. There was also little interest in a studio in the Rydges Hotel in Wellington, where investigations are underway on the extent of required remediation.
Read more →Oyster launches Pastoral House investment
Oyster Property Group Ltd has launched its proportionate ownership scheme for Pastoral House in Wellington, which it’s conditionally bought from Precinct Properties NZ Ltd for $77 million.
Read more →9 out of 10 sell at Bayleys’ Wellington auction
9 out of 10 properties sold under the hammer at Bayleys Total Property 8 auction in Wellington last Thursday.
Read more →8 commercial sales Manawatu to Wellington
Bayleys agents in the southern half of the North Island have sold 8 commercial properties in Levin, Palmerston North, Masterton & around the Wellington region.
Read more →Which building is Precinct’s? – annual meeting update
“Which building do they own?” the quite new shareholder in Precinct Properties NZ Ltd asked me after the company’s annual meeting on the Auckland waterfront on Wednesday.
Read more →Central Wellington & Kapiti Coast sales
Bayleys agents have sold 7 commercial, retail & residential properties around the Wellington metropolitan area, and 2 retail units & a housing development site on the Kapiti Coast.
Read more →Exchange building among 6 Wellington sales
The Exchange building, home to produce markets in Wellington for over a century, has been sold at a yield just under 8%. It’s one of 6 commercial sales reported by Bayleys Real Estate around the Wellington region.
Read more →Sub-5% yields on Mt Maunganui industrial properties among 7 sales
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 →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 →