Property
Explore the latest property news by BusinessDesk.
Coronavirus
PFI to pay quarterly dividend but can't forecast annual payout
At the same time as most companies are cancelling or not declaring dividends because of the impact of the coronavirus crisis, Property for Industry says its balance sheet and cash flow are in a strong enough position for it to continue paying dividends. The industrial property...
Fletcher fights Commercial Bay subbie
Fletcher Building is in the middle of a High Court payment stoush with a subcontractor which threatened to cease work on the Commercial Bay precinct. A results judgment of Justice Mary Peters dated April 30 said Downer company Spotless Services, which has so far received about...
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Christchurch looks like best value for first home buyers
Of the larger urban areas, Christchurch has emerged as a value centre for first home buyers, with an entry level property estimate at $363,000.
Coronavirus
Potential tenants told to sign up online or miss out
Using covid-19 restrictions to veto or shortlist potential housing tenants before getting access to a property highlights the issue of having an unregulated property management industry, the Real Estate Institute of New Zealand said. While preliminary registrations that includ...
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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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