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Property
Auckland apartment market not quite flat-lining
The Auckland apartment sector is expected to take a 10 percent hit to both rental streams and valuations, with the “low point” expected in about 18 months. Auckland apartment specialist Robbie King expects the impact will be most felt in the coming six months as tourism and sh...
Property
Kiwi Property retail traffic down just 8% in level 2 from a year ago
Kiwi Property Group said visitors to its shopping centres since the country entered alert level 2 on May 14 have returned to being down just 8 percent on the same time last year.However, it has been improving day-by-day to being down about 5 percent on last year now, although som...
Property
Argosy notes covid risks, maintains dividend
Property investor and manager Argosy Property said it has provided tenants about $2.8 million in rent abatements during the past seven weeks.
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Property
Signs of residential recovery from April - REINZ
Home sales for April, the month spanning most of the covid-19 lockdown, showed a 78.5 percent year-on-year drop - but there are signs of a brisk recovery into May, according to the latest numbers from the Real Estate of New Zealand. Data for April shows that Auckland managed t...
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