Professional firms are consolidating and upgrading to smart, eco-friendly buildings, pushing up vacancy levels in Auckland's secondary office market.
The mortgagee sale has been almost a year in the making since receivers were appointed over the land last year.
Budget issues for Christchurch's new stadium were picked up in early June. Councillors weren't told until July 2.
John Key said house prices remain underpinned by interest rates and the Reserve Bank would act to prevent any collapse.
Infrastructure Editor
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articles by Oliver