Property
Explore the latest property news by BusinessDesk.
Property
EQT hits back as Metlifecare deal dispute heats up
The dispute between Swedish private equity firm EQT and Auckland resthome operator Metlifecare is heating up.
Property
Investore strides ahead on its retail ambitions
Listed retail property owner Investore has reported a marginal improvement in the value of its property portfolio to $761.4 million to 31 March 2020, in spite of uncertainty over covid-19. In an update today, it confirmed the $140.75 million purchase of three retail properties...
Property
Steel & Tube plans up to 200 staff layoffs
Steel & Tube is planning to make up to 200 staff redundant and warned restructuring efforts and other costs will hurt this year's bottom line.
Property
ASB expects 6% house price decline, rapid recovery
ASB Bank is forecasting a 6 percent drop in national house prices this year, in the face of a deteriorating labour market, falling net migration and rental declines. But the bank expects the property market to get back to current levels next year, on the back of cheap credit and...
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