Property
Explore the latest property news by BusinessDesk.
Finance
Kiwi falls against Aussie on stronger-than-expected Australian house lending
By Jenny Ruth Sept. 9 (BusinessDesk) - The New Zealand dollar fell against the Australian dollar after better-than-expected housing finance data across the Tasman. The kiwi was trading at 93.70 Australian cents at 5pm in Wellington compared to 93.89 cents at 7:45am and at 6...
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Infrastructure
Stride spins out special-purpose industrial property vehicle
By Jenny Ruth Sept. 5 (BusinessDesk) - Stride Property Group is spinning out its industrial properties into a new special-purpose vehicle in a joint venture with a group of international institutional investors. Stride is tipping 11 properties into the venture and will add...
Economy
Volume of building activity falls in June qtr; demand seen strong
By Rebecca Howard Sept. 5 (BusinessDesk) - The volume of building activity fell more than expected in the June quarter but ongoing demand – in particular for residential housing – is expected to support the sector. The total volume of building activity fell 1.5 percent in t...
Policy
Opportunity for big end of town in KiwiBuild's 'build-to-rent' initiative
By Pattrick Smellie Sept. 4 (BusinessDesk) - Large-scale institutional investors and infrastructure developers will be eligible to propose 'build-to-rent' developments under one of the new elements of the revamped KiwiBuild scheme, announced by Housing Minister Megan Woods tod...
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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