Turners shift to retail will see it shift out of 'supersite'

Turners shift to retail will see it shift out of 'supersite'
Brent Melville
Auto group Turners will vacate its former flagship Penrose 'supersite' at the end of 2020 as it moves away from its traditional wholesale auction business, it said today in tandem with the launch of its results for the year to March 2020.  The listed company has leased the 4-hectare site from landlord Goodman for the past 20 years but will move its retail and auction businesses to two new sites in Westgate and Mt Richmond in December, also moving its operations in Dunedin to new premises located near that city’s waterfront.  Chief executi...

More Property

Beachlands South development appeals settled
Property

Beachlands South development appeals settled

Appeals challenging the approval of a plan change for the Beachlands South development have been settled, paving the way for the multi-billion dollar project to proceed.“The success of negotiating a sensible outcome means that the development process can now move forward with the...

Staff reporters 11 Dec 2024
Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

Maria Slade 11 Dec 2024
Olliver avoids bankruptcy – for now
Property

Olliver avoids bankruptcy – for now

A bid by BNZ to bankrupt the developer has been adjourned until February.

Maria Slade 10 Dec 2024
‘Unjust’: NZers battle Queensland tax laws
Property

‘Unjust’: NZers battle Queensland tax laws

State of origin battle develops over land taxes Queensland slaps on NZ buyers.

Garth Bray 10 Dec 2024