Stay put in EQ vulnerable buildings, MBIE says

Stay put in EQ vulnerable buildings, MBIE says
The Asteron is a poor seismic performer but safer than driving. (Image: supplied)
Brent Melville
People are much safer working in an earthquake 'vulnerable' building than they are driving a car to work, the Ministry of Business, Innovation and Employment (MBIE) says. In its latest seismic risk guidance, the government agency suggests that most 'seismically vulnerable' buildings aren't imminently dangerous and can still be occupied during seismic remediation work. That, according to MBIE's manager of building performance and engineering Dave Gittings, is because compared to most 'business-as-usual'...

More Property

Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025
Argosy signals succession plan
Property

Argosy signals succession plan

Argosy Property has signalled its management and governance succession plan.The listed property company told the market on Tuesday that directors Chris Gudgeon and Mike Pohio will not stand for re-election at the coming annual general meeting (AGM) in July. The firm also said tha...

Gregor Thompson 03 Jun 2025