Council green lights Kiwi Property's Drury plans

Council green lights Kiwi Property's Drury plans
Drury East is slated for as many as 22,000 new homes in coming years. (Image: supplied)
Brent Melville
Kiwi Property Group has received the go ahead for its multi-billion dollar planned community in Drury East, paving the way for more than 4,000 new homes and retail in the south Auckland township.The NZX-listed property group, which owns and manages about $3.2 billion worth of property including the country's largest retail centre at Sylvia Park, said work will get underway shortly following the earthworks consent by Auckland council.The company progressively acquired the 53 hectare site during 2017 and 2018, paying an estimated $50 million....

More Property

Property for Industry says valuation cycle turning
Infrastructure

Property for Industry says valuation cycle turning

It cites strong occupancy, lease terms behind and sees strong 2026.

Promoter ducked inquiries about inappropriate AdWords use
Property

Promoter ducked inquiries about inappropriate AdWords use

Finbase created 'false impression' its financial products were low-risk, FMA says.

Maria Slade 16 Oct 2025
Fletcher’s cost-out drive goes even deeper
Property

Fletcher’s cost-out drive goes even deeper

Latest belt tightening will be structural and sticky, analyst says.