Property
Explore the latest property news by BusinessDesk.
Law & Regulation
Ebert liquidators lose $2.4m clawback claim
The liquidators of Ebert Construction have lost a bid to claw back $2.4 million from Wakefield Plant, an associated company not part of the liquidation. Ebert Construction was moved into liquidation in July 2018. According to BDO liquidators Iain Shephard and Jess Kellow, cre...
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.
Property values hit nationwide record as slowdown looms
New Zealand property values have reached record highs across all regions, although the coronavirus outbreak is set to stymie growth. Kiwibank senior economist Jeremy Couchman described the housing market as a “bright spot amongst the gloom” but warned covid-19 was likely to dim...
Markets
Asset Plus to raise $100m, undeterred by market ructions
Asset Plus looked through heightened market volatility and pressed ahead with plans to raise $100 million.The company said yesterday it would sell shares at 50 cents apiece in an underwritten 1.235-for-1 pro rata rights offer to help fund two developments that would overhaul its...
Opinion
Jenny Ruth: JENNY RUTH: Leopards, spots and how a Vital benefit may be a hurt
Can a leopard change its spots? It appears not in the case of Vital Healthcare Property Trust's manager, Canada-based NorthWest Healthcare Properties Real Estate Investment Trust.NorthWest very much wants to restructure Vital and to list its units on ASX and it's easy to see why:...
.jpg)
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