Auto group Turners will vacate its former flagship Penrose 'supersite' at the end of 2020 as it moves away from its traditional wholesale auction business.
It would seem Tim Shadbolt, New Zealand's longest serving mayor, has been right all along. Southland really is a great place for property investors.
ASX-listed Centuria Capital is making another tilt at Augusta Capital, offering $1 a share for the 76.7 percent it doesn't already own.
The muted recovery in home sales in May reflected a shortage of new listings, which served to impact sales volumes but elevated prices, the latest Real Estate Institute of New Zealand numbers show. The 3,990 residential sales was 46.6 percent less than in May last year, reflec...