Property

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Regional house price inflation accelerates in October
Economy

Regional house price inflation accelerates in October

House price inflation accelerated across the regions in October, with Auckland the only area where prices remained subdued, Real Estate Institute figures show. The national house price index rose 3.9 percent in October from a year earlier, and excluding Auckland, was up at an eve...

Paul McBeth 14 Nov 2019
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Investore's net profit up 10%; distributable profit down 10%

Investore's net profit up 10%; distributable profit down 10%

Investore Property's first-half net profit rose 10 percent, with unrealized gains in the value of its "big box" retail properties partly offset by performance fees paid to manager Stride.The company, which owns buildings for supermarkets such as Countdown and Pak'nSave as well as...

Jenny Ruth 13 Nov 2019
Convention centre fire 'immaterial' to SkyCity's 2020 operating earnings
Infrastructure

Convention centre fire 'immaterial' to SkyCity's 2020 operating earnings

Casino operator SkyCity Entertainment Group says the impact of the Auckland international convention centre fire will be "immaterial" to the group's operating earnings in the 2020 financial year.However, an assessment of the fire's impact on reported and normalised net profit aft...

Pattrick Smellie 07 Nov 2019
Construction provisions remain contained despite SkyCity disaster: Fletcher
Finance

Construction provisions remain contained despite SkyCity disaster: Fletcher

Fletcher Building says it remains within the construction provisions announced in February 2018 despite the impact of the SkyCity International Conference Centre project fire."Fletcher Building is working to determine the impact of the NZICC fire on the project's delivery timelin...

Jenny Ruth 06 Nov 2019


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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articles by Oliver