Precinct Properties wins bid for Wellington civic square redevelopment project

Precinct Properties wins bid for Wellington civic square redevelopment project
An "indicative" concept of the civic square redevelopment. (Image: Supplied)
Staff reporters
Precinct Properties has won a bid to build a five-star green building at the heart of Wellington's civic precinct. Wellington city council, announcing its selection of the NZX-listed company, said the development would enable "a range of around-the-clock activity, including retail, hospitality, co-working, and office space". The new building in Te Ngākau Civic Square will replace two others that have major earthquake-strengthening issues. The civic administration building and the municipal office building are both schedu...

More Property

Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Paul Bary lobbies minister over Du Val BTR
Property

Paul Bary lobbies minister over Du Val BTR

Du Val Build To Rent assets could be sold early next year; investor Paul Bary unhappy.

Receivers ask Du Val founders: ‘Where are the assets?’
Property

Receivers ask Du Val founders: ‘Where are the assets?’

Du Val receivers say they have evidence of other assets they want information on.

Maria Slade 21 Nov 2024
Reasonable progress or pass the parcel?
Property

Reasonable progress or pass the parcel?

Opinions split over whether buildings are being earthquake-strengthened fast enough.