Property

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Govt to force compromise on commercial rents
Property

Govt to force compromise on commercial rents

The government is working urgently to force commercial landlords and tenants to negotiate rent relief during the covid-19 lockdown periods, where they are refusing to do so.A Cabinet committee this morning discussed options tabled by Justice Minister Andrew Little and policy anno...

Pattrick Smellie 29 Apr 2020
Investore builds war chest with $100m capital raising
Property

Investore builds war chest with $100m capital raising

Investore Property is eyeing up potential acquisitions with a $100 million capital raising. The commercial landlord will raise $85 million in a fully underwritten placement to institutional investors and another $15 million through a share purchase plan at $1.59 a share, a 10....

Paul McBeth 29 Apr 2020
Property turning over but not on all cylinders yet
Property

Property turning over but not on all cylinders yet

The housing market seems to be spluttering back to life – though there are mixed views as to how fast it will go when the engine does start firing properly.According to the latest numbers from homes.co.nz, which represents about 40 percent of all homes on the market, listings tra...

Brent Melville 29 Apr 2020
Special help likely for tourism and events sectors: PM
Property

Special help likely for tourism and events sectors: PM

The government is still considering special assistance for parts of the economy, such as international tourist services and large events companies, which are unlikely to be able to restart operations even when the country moves to alert level 2 or 1. "We always said we want to...

Pattrick Smellie 28 Apr 2020


Oliver Lewis
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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