Property
Explore the latest property news by BusinessDesk.
Coronavirus
PFI's underlying profit down 7.7%; guidance reinstated
Property for Industry's first-half net profit fell 66.3 percent, largely reflecting a slight fall in the value of its properties compared to a large increase a year earlier. The firm's underlying result was also down 7.7 percent because of rising lease incentives. But the c...
Property sponsored by
Rangiuru Business Park
Expand your business footprint, access new markets and unlock future potential, within the Bay of Plenty’s next high-quality and thriving industrial Business Park.
With direct access to the ‘Golden Triangle’, Port of Tauranga and conveniently located alongside State Highway 2, with a dedicated motorway interchange – Stage 1, is selling now. Secure your site today.
Economy
Down tools: building completion slows by a fifth
Building activity slowed by more than a fifth for the June 2020 quarter as the covid response saw tools downed on site.
Coronavirus
Commercial property deals drop $1.6b for first six months
Commercial property transactions were valued at $925 million during the first half of 2020, a $1.6 billion drop from the prior six months and the lowest level since 2011, said commercial broker and investment firm CBRE. Still, it could have been worse. CBRE said the shock of c...
Services
JENNY RUTH: Playing hardball with Metlifecare valuations
Value, like beauty, is in the eye of the beholder, or at least that's what it looks like when considering Sweden-based EQT's takeover offer for Metlifecare.
Prev
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.
Followers will be emailed
articles by Oliver