The ‘huge, huge’ Wellington property deal no one is talking about

The ‘huge, huge’ Wellington property deal no one is talking about
Lyall Bay is a suburb on the south side of Rongotai in Wellington. (Image: Mark Mitchell)
Gregor Thompson
A significant slice of leasehold land next to Wellington Airport has apparently been sold, and rumours are rife about who the buyer is.“I know things, I’m not telling,” Wellington Mayor Tory Whanau told NewstalkZB on Monday when talkback host Nick Mills asked her whether she’d heard about “a huge, huge business deal going down in the eastern suburbs”.A source familiar with the sale, who wanted to remain anonymous, said the site comprises almost an entire block of Wellington Airport leasehold land in Lyal...

More Retail

ComCom files criminal charges against two Pak’nSaves
Retail

ComCom files criminal charges against two Pak’nSaves

Charges against Woolworths are on their way.  

Gregor Thompson 04 Mar 2025
Warehouse forecasts another second-half earnings loss
Retail

Warehouse forecasts another second-half earnings loss

Interim CEO John Journee says the company is likely at the bottom of the retail cycle.

Gregor Thompson 03 Mar 2025
NZ recovery drives Restaurant Brands' profit up 62.6%
Retail

NZ recovery drives Restaurant Brands' profit up 62.6%

New Zealanders can't get enough of the tasty chicken.

Gregor Thompson 27 Feb 2025
Michael Hill International CEO Daniel Bracken dies
Retail

Michael Hill International CEO Daniel Bracken dies

Bracken had overseen the acquisition of the Bevilles brand. 

Staff reporters 26 Feb 2025