Williams Corp looks to shared equity model to help move housing stock

Williams Corp looks to shared equity model to help move housing stock
Williams Corp's co-founder and managing director, Matthew Horncastle. (Image: NZME)
Brent Melville
Property developer Williams Corporation New Zealand has rolled out a shared equity scheme to backfill sales made under the umbrella of Kāinga Ora’s first home partner scheme.The social housing agency shut the door to new applications under its first home buyer package in late September, part of the government’s $400 million progressive home ownership fund launched in Oct 2021.Williams Corp's co-founder and managing director, Matthew Horncastle, said the decision to cancel the scheme was difficult to understand. “Every...

More Property

The change of heart behind Arvida’s US private equity buyout
Property

The change of heart behind Arvida’s US private equity buyout

The company’s share price rose 55% after the announcement.

Arvida shares up 55% after US private equity buyout news
Property

Arvida shares up 55% after US private equity buyout news

The scheme is unanimously supported by Arvida's board.

Gregor Thompson 22 Jul 2024
Analysts diverge on Ryman outlook
Property

Analysts diverge on Ryman outlook

There is a gap of nearly $3 between Jarden and ForBarr's 12-month target prices.

Gregor Thompson 19 Jul 2024
Former Serepisos property on the block again
Property

Former Serepisos property on the block again

The Miramar site is being sold by receivers less than two years after its mortgagee sale.

Maria Slade 19 Jul 2024