Property
Explore the latest property news by BusinessDesk.
Infrastructure
Summerset lifts underlying profit 44% as property values soar
Summerset has land for another 5,313 units in NZ, of which 81% are already consented.
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Staircase
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St Peter's school to hive off farm and build houses
After amassing 220 hectares of land near Cambridge, the Anglican secondary school has joined forces with a local developer to create a residential 'endowment fund'.
Infrastructure
Steel & Tube beats guidance, lifts dividend nearly five-fold
Steel & Tube's gross profit margin improved to 22.5% from 20.3%, adding $5.6 million of the $14.1m improvement in earnings before interest and tax.
Markets
Precinct sells buildings into Singapore-backed portfolio
One of the biggest investors in inner-city property brings a Singaporean-government backed wealth fund into what could be a $1 billion portfolio,
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver