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Property
Multinationals queuing up, re-entry pathway needed
Clear guidance and incentives are needed to encourage international firms here to help deliver New Zealand's industrial potential, the head of one of the country’s largest greenfield industrial and residential developments says.Stephen Hughes, chief executive of the Drury Sou...
Property
Goodman expects steady earnings this year despite covid-19 impact
Goodman Property Trust's manager is one of the few companies willing to make an annual profit forecast amid the coronavirus crisis – that results this year will match last year's."If the portfolio continues to perform in line with our expectations, we forecast cash earnin...
Property
Mortgage wars should spark boost to lending
Mortgage lending was slashed to about half of normal levels last month due to covid-19 restrictions but economists say the latest round of ‘rate wars’ should spark some renewed buyer and seller enthusiasm. For those keen on picking up a sharp mortgage, record low wholesale ra...
Property
Arvida pares back building plans
Arvida will build 20 percent fewer units than planned due to the covid-19 outbreak softening the housing market. The retirement village operator had expected to build more than 250 new units in the 2021 financial year but has revised that number down to 200 in anticipation of...
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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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