Property

Explore the latest property news by BusinessDesk. 
NZ Super Fund throws $140m at the wall
Property

NZ Super Fund throws $140m at the wall

The sector was responsible for 40% of all carbon emissions in the United States, despite contributing just 13% of the nation’s gross domestic product, the fund said. 

Staff reporters 15 Nov 2021
Super Funds' NZ Hotel Holdings buys Rydges for $100m
Property

Super Funds' NZ Hotel Holdings buys Rydges for $100m

A consortium of property companies led by the NZ Super Fund has snapped up another hotel, this time the 280-room Rydges Wellington, the city's biggest hotel.

Staff reporters 12 Nov 2021
Valuation gains plump Goodman profits by $505m
Property

Valuation gains plump Goodman profits by $505m

Listed industrial property vehicle Goodman Property Trust added more than $500 million to its portfolio valuations, most of that at its flagship Highbrook Business Park.

Staff reporters 11 Nov 2021
House price inflation moderated slightly, sales down 22%
Property

House price inflation moderated slightly, sales down 22%

Continued low listing numbers into the usually buoyant spring period translated to a slight moderation in house price inflation to 29.9% in October from 30.4% in September.

Brent Melville 11 Nov 2021