Property
Explore the latest property news by BusinessDesk.
Coronavirus
Asset Plus to raise $60.2m, increase debt to build Albany office block
Asset Plus has relaunched a capital raising to fund development of Munroe Lane in Albany but is only raising $60.2 million compared with the $100 million raising it cancelled in March because of the uncertainty created by the coronavirus crisis. The fully-underwritten raise wi...
Infrastructure
ELECTION 2020: How recovery spending will benefit property
Property and construction likely to cash in as political parties commit to infrastructure spending.
Law & Regulation
Hamilton real estate 'cartel' cops $4m in penalties
The Auckland High Court has levied price fixing penalties totalling $4 million against two Hamilton-based real estate firms, Lodge Real Estate and Harcourt’s agency Monarch, for engaging in cartel style price-fixing in breach of the Commerce Act. The judgment caps off an actio...
Opinion
Jenny Ruth: JENNY RUTH: Is internalised management cheaper? Not necessarily
The push to internalise the management of property investment vehicles was supposed to better align the interests of managers and investors. Whether it's worked isn't clear cut.
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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