Property
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Property
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...
Property
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.
Property
Fletcher loses fight with Commercial Bay subcontractor
Fletcher Building has lost a multi-million dollar fight with a Commercial Bay subcontractor in a ruling that will influence how the entire sector interprets construction contracts.
Property
Pacifica boutique hotel in question as returning Kiwis snap up penthouses
Nine of the Pacifica’s 10 penthouse luxury apartments have been sold mainly to returning Kiwis, but plans for a boutique five-star hotel remain up in the air, its developer says.Hengyi Pacific general manager and director Liz Scott told BusinessDesk construction was on track for...
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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