Queenstown developers still spruiking paradise

Queenstown developers still spruiking paradise
Wanaka is finding no shortage of cashed-up buyers.
Paul McBeth
The growing Queenstown-Lakes population's need for more affordable housing isn’t coming at the expense of luxury real estate, with developers still bringing multi-million-dollar properties to market.A couple of high-profile buyers – former prime minister John Key and ex-Black Cap Brendon McCullum – at the Gibbston Valley resort just outside Queenstown helped keep the $750 million development at the top of buyers’ minds as it opened its 31-site second stage.The first stage of the development across the road from the G...

More Property

Formcrete Construction owes $7.4m as liquidation unfolds
Property

Formcrete Construction owes $7.4m as liquidation unfolds

A large chunk of the debt is shareholder loans.

Riley Kennedy 03 Jul 2025
Court to decide if Du Val investors' claim can proceed
Property

Court to decide if Du Val investors' claim can proceed

Investors who swapped debt for equity accuse FMA of devaluing their shares.

Maria Slade 03 Jul 2025
Vector faces fresh complaint on unfair contract terms
Property

Vector faces fresh complaint on unfair contract terms

Vector faces more scrutiny over contract terms after Commerce Commission advice.

Garth Bray 02 Jul 2025