Property
Explore the latest property news by BusinessDesk.
Coronavirus
Fewer listings but house prices push higher in May - REINZ
The muted recovery in home sales in May reflected a shortage of new listings, which served to impact sales volumes but elevated prices, the latest Real Estate Institute of New Zealand numbers show. The 3,990 residential sales was 46.6 percent less than in May last year, reflec...
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.
Coronavirus
Ryman's uphill battle to get residents, staff tested for covid-19
Ryman Healthcare had a constant battle during the nation's lockdown to get residents and staff tested for covid-19, even though its residents are among the most vulnerable to the virus. "It has been too much of a fight to get testing," said Ryman chief executive Gordon MacLeod...
Coronavirus
Ryman underlying profit up 6.6%, villages devalued $70.9m
Ryman Healthcare missed its own pre-covid profit target but still reported a 6.6 percent rise in underlying annual profit. The bottom line was down 19 percent to $265 million for the year ended March due to independent valuer CBRE chopping $70.9 million off the value of the co...
Newswire
Precinct affirms dividend guidance
Precinct Properties New Zealand is paying a third quarter dividend of 1.575 cents today and is confident it will meet its full year dividend guidance of 6.3 cents, up 5 percent on 2019. In its latest market update, the inner-city A-grade commercial office specialist said whil...
.png)
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