Auckland Council to up asset sale target to $244m

Auckland Council to up asset sale target to $244m
Brent Melville
Auckland Council is targeting $244 million from its asset sale programme and is also considering selling development ‘airspace’ at nine of the city’s park and ride facilities to help dig its way out of a $450 million covid-related income hole. Finance and performance committee councillors are this week expected to sign off on what looks like a $220 million increase in asset sales for the current financial year, from $24 million of sales outlined in the council's 10-year budget. A total of 79 ratepayer-owned properties, valued at $136 mill...

More Infrastructure

NZTA endorses stage one of long-promised Mill Rd upgrade
Infrastructure

NZTA endorses stage one of long-promised Mill Rd upgrade

Chris Bishop keeps the transport announcements coming.

Oliver Lewis 24 Apr 2025
Ministry of Justice seeks market feedback on courthouse PPPs
Policy

Ministry of Justice seeks market feedback on courthouse PPPs

Want to build and maintain three courthouses for 25 years? Now's your chance.

Oliver Lewis 24 Apr 2025
Billions needed for Northwest Busway
Infrastructure

Billions needed for Northwest Busway

The rolling maul of transport-related announcements continues.

Oliver Lewis 23 Apr 2025
Govt shares emerging route for mega Northland expressway
Infrastructure

Govt shares emerging route for mega Northland expressway

It's our single biggest roading project. So where's it going to go?

Oliver Lewis 23 Apr 2025