http://www.nzherald.co.nz/ Latest Property headlines from nzherald.co.nz en-nz Copyright 2010 APN HOLDINGS NZ Sat, 20 Mar 2010 12:00:02 +1200 http://blogs.law.harvard.edu/tech/rss APN RSS Generator webnews@nzherald.co.nz webmaster@nzherald.co.nz http://www.nzherald.co.nz/images/nz_little_logo.gif http://www.nzherald.co.nz/property/news/headlines.cfm?c_id=8 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633025&ref=rss In an unusual move, the mortgagee seller of a shopping arcade at 100 Queen Rd, Panmure, is offering to leave in finance for an approved buyer.The 1700sq m, two-storey stand-alone arcade on a 979sq m site is in the heart of Panmure's... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633023&ref=rss Two Newmarket units set up as a Korean restaurant and a vacant office floor in the heart of the Auckland CBD are being marketed as possible walk-in and set-up business opportunities.The three vacant strata unit properties will... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633021&ref=rss Two industrial buildings, one in the heart of the Penrose industrial area and the other to the south of Auckland in Pukekohe, will be sold by auction next Thursday at 1pm at the offices of Colliers International, 52 Highbrook Drive,... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633017&ref=rss Galatos Lodge, a 1960s commercial building converted to residential accommodation in the late 90s, is being sold as a freehold going concern with an enviable year-round occupancy rate of 97 per cent.The lodge at 1 Galatos St,... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633015&ref=rss One of Onehunga's classic character buildings with a long leasing history on its high-profile corner site at the gateway of the suburb's main thoroughfare, is up for sale by tender.The freehold, standalone building on the corner... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633014&ref=rss Fully leased but rarely occupied, a stand-alone office building at 99 Carbine Rd in Mt Wellington is up for sale as an investment property with a new eight-year lease in place.The modern office building is being sold by Plan B... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633010&ref=rss CBRE has promoted Dominic Ong to national director of its private client group. Ong, one of CBRE's top fee writers in New Zealand, will concentrate on increasing market share and improving operational efficiencies. Ong was named CBRE's... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633007&ref=rss Just under $13 million worth of property was sold at Bayleys' auction of retail outlets in the Westgate Shopping Centre in West Auckland and Fraser Cove Shopping Centre in Tauranga.Chris Bayley, Bayleys commercial and industrial... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633005&ref=rss Property investor behaviour over the next few years will reflect a changed risk profile, says Gerald Rundle, manager of Bayleys Research.In a market overview in Bayleys' latest Total Property portfolio, Rundle says the length... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10633003&ref=rss The historic five-level building containing the well known O'Carroll's pub and which once housed one of Auckland's early newspapers in Vulcan Lane is being offered for sale.Known as the Leon Brook building at 10 Vulcan Lane, the... newsfeeds@nzherald.co.nz Sat, 20 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632678&ref=rss A luxury golf course development is at the heart of a $19 million shareholder scrap between rich-lister William Birnie and fellow investors.Birnie's lawyers were in the High Court at Auckland yesterday defending a case against... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 18:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632618&ref=rss The leaky building epidemic did not happen by accident. It was primarily caused by government mismanagement over more than a decade.Two government-funded agencies - the Building Industry Authority (BIA) and the Building Research... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632466&ref=rss Construction work has started on Oman's imposing new parliament buildings, designed by New Zealand firm Moller Architects.The Auckland architecture firm scored one of the world's top international design competitions for the buildings... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632439&ref=rss ING Medical Properties Trust is the country's "standout" listed real estate vehicle, according to two analysts.Jeremy Simpson and Matthew Leach of Forsyth Barr praised the trust for the quality of its investment and good result... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632438&ref=rss Citigroup will provide US$576 million ($818 million) in loans and cash to help New York City build or renovate more than 20,000 low-income housing units during the next four years, its chief of community development banking said.The... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632436&ref=rss House prices in the world's major economies, which last year were down an average of 5 per cent from 2007, may keep dropping, said Prakash Loungani, an adviser to the International Monetary Fund's research department."The corrections... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632256&ref=rss Supermarket, retirement and healthcare businesses are lining up to buy Soho Square, Ponsonby's Strategic Finance-funded five-level eyesore.The fate of Strategic, which went into receivership on Friday, hinges partly on the sale... newsfeeds@nzherald.co.nz Tue, 16 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632247&ref=rss Fourteen lodges and boutique hotels have changed hands in the last 15 months for more than $75 million.Dean Humphries, Jones Lang LaSalle Hotels NZ's national director, has tracked the market which he said had been highly active... newsfeeds@nzherald.co.nz Tue, 16 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10632246&ref=rss Despite a big drop in prices since 2008, interest in farm sales is starting to pick up as bank lenders return to the market, the Real Estate Institute says.The median price for a dairy farm for the three months to February was... newsfeeds@nzherald.co.nz Tue, 16 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10631912&ref=rss The average Kiwi has to work nearly three times harder to pay off the average house than they did 50 years ago.Figures compiled by Bernard Hickey of interest.co.nz show that to pay for the average home of $350,000, someone on... newsfeeds@nzherald.co.nz Sun, 14 Mar 2010 04:00:00 +1200