Property

Explore the latest property news by BusinessDesk. 
Du Val in ‘negotiations’ to resume investor payments
Property

Du Val in ‘negotiations’ to resume investor payments

The South Auckland property developer hints that cash distributions could resume soon. 

Brent Melville 12 Apr 2023
Has the Reserve Bank's shock OCR increase backfired?
Property

Has the Reserve Bank's shock OCR increase backfired?

You have to wonder whether the Reserve Bank of New Zealand is happy with the reaction from financial markets in response to last Wednesday’s 50 basis point hike in its official cash rate to 5.25%.The market was shocked, having priced in just a 25 basis points (bp) hike.But apart...

Jenny Ruth 11 Apr 2023
When will retirement stock prices recover?
Property

When will retirement stock prices recover?

All retirement village operators’ share prices are significantly depressed.

Jenny Ruth 11 Apr 2023
A flicker of life in Auckland real estate
Property

A flicker of life in Auckland real estate

Buyers have started trickling back into the country's biggest residential market.

Brent Melville 07 Apr 2023