Eke Panuku: first downtown car park, now Dominion?

Eke Panuku chief executive David Rankin says the urban regeneration agency has managed to sustain momentum despite a flagging property market. (Image: Eke Panuku)

Oliver Lewis

Mon, 29 Jan 2024

Eke Panuku has secured a conditional agreement to sell a prominent Dominion Rd site once described as emblematic of a broken planning system.In an interview with BusinessDesk, David Rankin, chief executive of the council-owned urban regeneration company, referenced the development as an example of Eke Panuku continuing to hit asset sales targets and sustaining momentum despite property market volatility.“Our sense now, which I think is supported by a fair amount of market comment, is that the residential market has basically bottomed out,...

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