Commercial Property

Goodman sells clutch of Chch sites

The DHL building, one of several up for sale in the Goodman-owned Glassworks industrial park in Hornby

Goodman Property Trust is selling five "blue chip" properties in Christchurch so it can reinvest elsewhere.

InternetNZ on the move

80 Willis St, part of the Singaporean-owned Grand Central complex.

Internet body moves to get its subsidiaries on same floor.

Deka meets the wrecking ball video

An artist's impression of the old Deka site on the corner of Cuba and Dixon redeveloped by Willis Bond & Co. into a art and technology hub for Whitireia and WelTech campus students.

A retro landmark of Wellington's retail scene has met the wrecking ball.

PM launches post site revamp

Prime Minister John Key presses the ominous big red button, with Acting Hutt Mayor David Bassett looking on.

A retail and office development on a prime Petone site will involve hundreds of jobs.


5 Disraeli St in Johnsonville, which sold recently at auction for $595,000

Property news from around the country.

Office rental market unfreezes

Wellington firms are not wasting any time if the right leasing opportunity comes up, says Colliers.

Capital's office market thaws, and an economist gives its housing market the thumbs-up.

Mail gives way to retail in Petone

What was once the Te Puni mail centre is about to be revamped into mixed use.

Changes are underway at the old Te Puni mail distribution centre in Petone.

Wellington couple's property passion

Chris Dugdale gets stuck into one of the ''charity'' houses in Trentham

A Wellington couple use their house-building skills to raise money for charity.

Travelodge expected to attract strong interest

The 132-room Travelodge in Wellington is up for sale

The 132 room, four star Travelodge Hotel in Wellington is for sale.

Old Bank space part of the charm

The clock that opens every hour to explain the history of Plimmer's Ark

One of Wellington's quirkiest workplaces is in an old bank.

Local investor buys Terrace block

125 The Terrace, which has just  been sold to a local investor for $65m.

A local investor has bought 125 The Terrace for $65 million.

Cuba Central gets ready to rock

Cuba Central will retain the heritage facade of the old Deka building.

Building work on Cuba Central gets underway.

Todd Park could be syndicated

The enormous former Todd Motors factory site in Porirua - now leased out to private companies - is being offered for sale as a syndicate.

Porirua's Todd Park looks likely to change hands again.

Leaving a hole in Dunedin's retail heart

The Octagon contains the landmark  Regent Theatre but the commercial heart is on George St, which runs north from the city’s centre.

Empty shops are becoming a more common sight in Dunedin's retail heart.

Luxurious lodge hits the market

Inside a luxury guest room at Parehua.

A taste of luxury in Wairarapa's wine country goes on the market.

Courtenay Countdown still a mystery

An artist's impression of the new downtown Reading Countdown from Wakefield St.

Mystery surrounds when work will begin on the long-promised Countdown in Wellington cbd.

James Hardie faces class action

Tracey Cridge and Mark Unwin outside their leaky Wellington home which they believe is due to the use of Harditex.

Wellington couple file legal action against James Hardie over leaky home claim.

Auckland could be leading 'tech hub'

An artist's impression of Precinct Properties' $200m commercial property area in the Wynyard Quarter, including a tech hub.

Auckland has all the ingredients to be Australasia's first 'tech hub,' says expert

Quake grants for heritage buildings

The former St George's Church vicarage in Ferry St, Seatoun, will get $15,000 towards earthquake strengthening.

Three quake-prone Wellington buildings will get a financial boost.

One of Wellington's finest returns video

The original entrance and stairwell of the Old Public Trust building has been kept

Old Public Trust Building prepares for its big reveal

Capital gets own property gongs

Mike Cole, Wellington branch president of the Property Council, wants to recognise local property heroes.

Wellington to honour its own commercial property trailblazers.

Church sells Cranmer Court site for apartments

The historic Cranmer Courts, which were demolished due to earthquake damage.

Prominent Christchurch site goes to mayor-led development firm

Bad time to buy, says housing survey

Survey which probes the health of the housing market finds people are largely negative about house buying.

House prices are not expected to stop rising, according to latest survey

Anti-property investor sentiment is misplaced

Andrew King says the proportion of mortgages to investors is right where it should be.

OPINION: Property speculators are running a different business to landlords, says Andrew King

Queenstown no longer reliant on its good looks alone

Queenstown town centre manager Steve Wilde, First Retail Group managing director Chris Wilkinson and client services manager Lorraine Nicholson are working on a strategy for Queenstown's CBD.

Central Queenstown has traded on its good looks long enough and is in danger of losing its appeal, a new business group believes.

Lyall Bay house and cafe sells strongly

144 Onepu Rd which sold recently at auction along with a house for more than $1.48m.

Strong bidding for a commercial and residential opportunity in Lyall Bay.

Competition stiffens for commercial property

Major overseas players have started showing interest in Wellington commercial properties, such as 133 Molesworth St which sold recently for $80m.

Conditions are conspiring to rachet up demand for Wellington and Auckland commercial property

Fun and games at Lynmore Junction

Rotorua MP Todd McClay (left) and Holmes Group managing director Ryan Holmes survey the plans for the new Lynmore Junction development, which includes a large-scale entertainment zone.

A $13 million entertainment and retail is set to be built in Rotorua's Te Ngae Road.

Cinema screens give way to television screens

New Zealand actress Ngaire Porter enjoys the brand-new 700-seat Regent cinema in Naenae, Lower Hutt, in 1958.

Vistavision gave way to television as the decline of Wellington's great cinema age began in the 1960s.

Supermarket site sales the tip of the iceberg?

The climate is good for sales of retail properties, says one expert.

The sale of 19 New Zealand supermarkets could be the first of a wave of retail properties with leaseback clauses

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