Property
Explore the latest property news by BusinessDesk.
Finance
JENNY RUTH: Metroglass top earners swell as shareholder returns plummet
Metro Performance Glass has been a perennial disappointer since it listed on the NZX in 2014 but, while its profits and share price have been falling, the number of top earners has been swelling. The company's shares were floated at $1.70 in mid-2014, valuing the company at $3...
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Finance
Stride's valuers cut $66.5m from early assessment as crisis intensified
Stride Property Group said its valuers cut $66.5 million off their initial draft valuations provided in early March as the magnitude of the coronavirus crisis became more apparent, turning valuation gains into losses. In the event, the valuers cut $1.8 million off the property...
Economy
Kiwi Property to resume dividends as shoppers hit the mall
Kiwi Property Group will pay dividends this financial year after a brief suspension as the number of people visiting its shopping centres has returned to normal levels. Since New Zealand moved to alert level 2 on May 14, the average pedestrian count in Kiwi Property’s shopping...
Newswire
Free
ANZ economists pick 12% house price slide this year
A post lockdown spending bounce and talking up the market will not prevent an inevitable downward trend to house prices, which look set for a 12 percent hit across the board this year, ANZ Bank economists say. In its latest property focus, the bank's economists say the period...
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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