PM to open Precinct's $1b Commercial Bay
Precinct Properties chief executive Scott Pritchard is surprisingly relaxed considering the frenetic level of activity around him in the lead up to the launch of its long-awaited, $1 billion Commercial Bay precinct on Auckland’s waterfront. Prime Minister Jacinda Ardern will atte...
Covid recovery fund derails $85m from PGF lines
About $85 million of the $600 million appropriated from the provincial growth fund into the covid response and recovery effort will come from money earmarked for tourism rail and local council developments that were unable to get their act together. Head of the provincial deve...
Opotiki Harbour a $110m 'shovel ready' project
The revitalised Opotiki Harbour development has become a poster child for the government’s regional investment programme in ‘shovel ready’ projects.
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Intervention in commercial leases 'fraught with difficulties'
Retail and business property owners say the government’s plan to intervene in contractual leases will potentially do more harm than good.
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