Sydney-based funds manager Centuria Capital Group reported yesterday that it had control over 68.5% of the NZX-listed Augusta Capital Ltd’s shares.
Read more →Sectors
House sales & median prices up
The Real Estate Institute said yesterday median house sale prices nationally were 9.2% higher in June than in June last year, and 3.1% ahead of May.
Read more →Motor inn & development sites sell
A motor inn & 2 development sites in Hamilton have been sold by Bayleys agents.
Read more →Net migrant inflow down in April-May, but annual estimate keeps rising
New Zealand’s net inflow of migrants fell to 357 in May – 860 arrivals, 503 departures – because of border & travel restrictions related to Covid-19.
Read more →Fast-track consent bill hurtles through Parliament
The Covid-19 Recovery (Fast-track Consenting) Bill, introduced in Parliament on 16 June and granted its first reading the same day, came into effect last Thursday, 9 July.
Read more →Oyster closes Home Straight Park scheme
Oyster Property Group Ltd has closed its Home Straight Park proportionate ownership scheme fully subscribed.
Read more →Metlifecare board majority supports $6/share buyout
Metlifecare Ltd said on Friday it had entered into a new scheme implementation agreement for Swedish fund manager EQT to buy the NZX-listed retirement village owner & developer for $6/share – $1/share less than under their original agreement entered into on 29 December and withdrawn on 7 April.
Read more →2 commercial sales & lease on Shore
Colliers North Shore agents have sold an Albany Central shop & North Harbour office and leased a Rosedale office.
Read more →Duplex sells, apartments passed in
A Freemans Bay duplex was sold at Bayleys’ auction this week, 2 apartments were passed in and a townhouse was withdrawn from auction and is on the market with a price tag.
Read more →32,200 more homes added in last year
Statistics NZ’s update on housing & household figures this week show 9100 private dwellings added in the June quarter, 32,200 added over the last 12 months.
Read more →QV’s Auckland housing figures look more positive to me, QV itself sees early signs of value stress nationally
Quotable Value Ltd has one view of the housing market from its monthly figures – a continuing gradual decline – while I have a much different perception, particularly around Auckland.
Read more →Centuria makes full bid for Augusta
Sydney funds manager Centuria Group lifted its buy-up of Augusta Capital shares to a full takeover offer yesterday.
Read more →Summerset lowers guidance
Retirement village developer & operator Summerset Group Holdings Ltd forecast yesterday that its underlying profit for the 6 months ended 30 June would be down 6-15% compared to the June 2019 half-year, reflecting Covid-19’s impacts.
Read more →Long multi-bidder battle ends in remediation-pending apartment sale
An apartment in the remediation-pending Imperial Gardens on Auckland’s Hobson St was sold on the 121st bid at Ray White City Apartments’ auction today.
Read more →QV sees Covid-19 impact on housing market, but movements are split
Quotable Value Ltd said in its monthly report on house price statistics today the impact of the Covid-19 pandemic & ensuing economic shutdown on the property market is starting to show.
Read more →New study starts next round of debate on port’s fate
The next round of debate on the fate of the Port of Auckland’s Waitemata Harbour freight operations was launched yesterday with a new Government-commissioned report from economic consultancy Sapere Research Group Ltd.
Read more →Wiri warehouse unit sells at auction brought forward
The first property scheduled for Bayleys’ fourth Total Property auction series for the year was sold yesterday at an auction brought forward from 28 July.
Read more →The shift from globalism – an explanation
Why has economic nationalism suddenly become a fashionable excuse for countries to decrease their reliance on the existing global supply chains?
Read more →PFI sells Hornby warehouse
Property for Industry Ltd has sold its 127 Waterloo Rd industrial property in Hornby, Christchurch.
Read more →Remuera Rd development site, 2 warehouses & mall unit sell
Bayleys agents have sold a Newmarket property with consent for an 8-level development, Mt Eden & Penrose warehouses and a unit in the refurbished Royal Oak mall.
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