News in Brief
News in Brief
Property
Double digit rent hikes in regions, demand for apartments strong
Median rental prices hit a record high in June, but momentum appears to be slowing according to recent Trade Me rental data.Trade Me director of property sales Gavin Lloyd said median rent across the country in June 2023 rose by $50 to $620, or 8.8%, on June 2022, according to t...
Energy
NZGIF gives Lodestone Energy letter of credit for Transpower connection to solar farm
NZGIF is lending up to $15m in working capital for Lodestone Energy's solar farms.
Markets
Volaris Group shows cards ahead of Eroad shareholder meeting
Canadian firm Volaris Group has revealed some of its cards ahead of Friday's much-anticipated shareholder meeting of transport fleet management software company Eroad, according to the NZ Herald. A self-described “buy and hold” investor in software companies, Volaris is ultim...
Primary Sector
Hart family's Walter & Wild sells essence of Hansells brand
The Hart family's Walter & Wild paid $15m for the Hansells brand.
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