News in Brief

News in Brief
Arvida chair Peter Wilson to be replaced by Anthony Beverley
News in Brief

Arvida chair Peter Wilson to be replaced by Anthony Beverley

Arvida's incoming chair Anthony Beverley has had a career in managing property.

Staff reporters 16 Mar 2021
Wake Up Call: Elon Musk's new title, Europe spikes AZ covid jab
News in Brief Wake Up Call

Wake Up Call: Elon Musk's new title, Europe spikes AZ covid jab

Europe’s biggest countries have halted their rollout of the Oxford-AstraZeneca covid-19 vaccine due to safety fears.

Staff reporters 16 Mar 2021
House sales generated $6.7b in profits last quarter
News in Brief

House sales generated $6.7b in profits last quarter

It was one-way traffic in real estate last quarter, with sellers making $6.7 billion in capital gains, at a median profit of $276,000, an all-time record per deal. 

Staff reporters 16 Mar 2021
Shares surge on Infratil's $3b Tilt sale
News in Brief market close

Shares surge on Infratil's $3b Tilt sale

The deal fulfils a promise Infratil made to its investors earlier this year when it said it would demonstrate hidden value in the portfolio. 

Dan Brunskill 15 Mar 2021