Commercial Property

Commercial property sector heats up

Industrial vacancy halves and retail continues to rally, as capital becomes more attractive to investors.

Industrial vacancy halves and retail continues to rally, as capital becomes more attractive to investors.

Museum Art Hotel land bought

A Chinese investor, who owns property in Lower Hutt, is believed to have bought the Museum Art Hotel land.

A Chinese investor, who owns property in Lower Hutt, is believed to have bought the famous Wellington hotel.

$100m property fund gets initial nod

The Ministry of Education at 33 Bowen St, Wellington.

Fund made up of Wellington office buildings gets OIO approval.

New school for Wellington?

A new school?

Many Wellington schools are full and thousands more students are forecast to arrive in the next 30 years, so do we need a new school in Wellington?

Lakeside holiday park for sale

Taupo's All Seasons Kiwi Holiday Park has had 31,351 guests over the past year.

 Popular Taupo holiday park All Seasons Kiwi Holiday Park has been put on the market.

Sign of the times for retailers

Perfect Look Alterations owner Diana Naidu, left, and Anna Smith from Trillium Property Management, who acts on behalf ...

Old Bank Arcade retailers in battle to change council's stance on street signage.

Threat prompts Wainui mall action

The Warehouse has put plans to close its Wainuiomata store on hold after the owners of the suburb's mall promised a ...

Mall owners promise revamp next year after The Warehouse announces intention to move out.

Cheap as chips - almost

It costs about $90 per square metre per year to rent industrial space in Wellington.

Auckland and Wellington are among the cheapest major cities in the world to rent industrial space - ranked 38th and 71st respectively.

Todd building for sale

Singapore-based Tolaga Investments is selling its Shell Todd building in New Plymouth.

A large building in New Plymouth leased by one of the country's wealthiest families is up for sale.

Two towers for sale

Conservation House in Manners St is just one of the high-profile buildings on the market in Wellington.

The Conservation House on Manners St and the Tel Tower on Willis St have been put on the market.

Stink forces kura rethink

The Arataki Holiday Park in Havelock North, site of a proposed kura kaupapa.

Education Ministry is having a rethink about the location of a kura kaupapa due to odour problems from mushroom farm

Building owners urged to protect tenants

Non-structural elements such as air conditioning ducts, wiring tracks and pipes broke loose in the BNZ building in the ...

Insurance Council says unsecured fixtures in the ceilings of office blocks pose significant threat to the life.

Dairy down, horticulture up

Kiwifruit remains one of the bright spots on the rural scene, with record prices for gold orchards.

Horticulture land sales have bucked the trend of a generally depressed rural market.

Wellington's secret quake trial

Wellington City.

Tests show hundreds of staff are in buildings that could suffer same fate as the BNZ.

Old flats become new offices

Oxygen general manager Christian Casbolt, left, and Professionals salesman Paul Dickason enjoy their new offices, which ...

 From derelict building to open-plan office and living spaces, the Kent Flats have a new lease of life.

Plenty of room at the inn

Capital Gateway Motor Inn - at the intersection of Newlands Rd and State Highway 1 - has been put on the market.


Fight brewing for Shelly Bay Rd development

Prime Property Group owner, Eyal Aharoni, pictured in 2009, is understood to be in pole position to buy 1-19 Shelly Bay ...

A battle could be looming between a developer and the airport over land at Shelly Bay.

Hamilton Central Shopping Centre sold

Stride Property has agreed to sell Hamilton Central Shopping Centre to development company Stark Property.

A Hamilton shopping mall in the central city has been sold to Stark Property for $13.4 million.

Walking in a winter Wellington wonderland

A nationwide tourism campaign is set to promote that Wellington will be open for business this winter.

A new tourism campaign is promoting the capital as an unlikely winter destination.

Huka Lodge owner appeal multimillion dollar lawsuit

Huka Lodge owner Alex van Heeren has taken his dispute with a former business partner to the Court of Appeal.

Huka Lodge owner, Alex van Heeren,​ has brought his US$25 million dispute to the Court of Appeal.

Old DEKA building for sale

TO THIS: An artist's impression of the Cuba Dixon Precinct, designed by Athfield Architects and constructed by LT McGuinness.

A large commercial building in the hustle and bustle of Wellington's Cuba St - once owned by former bankrupt property developer Terry Serepisos - is up for grabs.

Gold coin bus fare trial scrapped

Hospitality and retail businesses would like Wellington City Council to reconsider its Christmas gold coin bus fare, ...

Retailers want to keep a Christmas 'gold coin' bus fare initiative that Wellington City Council is set to scrap.

Argosy accommodates NZ Post over HQ

Refurbishment work is set to recommence on NZ Post House.

NZ Post renews lease on its Wellington headquarters.

Outlet City Tawa sells for $10m

Thompson Property Group has bought Outlet City - formerly known as Dress Smart - from Prime Property Group.

Nelson company forks out more than $10m for Porirua outlet retail centre.

$11m repair vote saves opera house

Hastings District Council is considering a multimillion-dollar proposal to earthquake-strengthen the 100-year-old ...

Hastings ratepayers will fund strengthening work to reopen the century-old Hawke's Bay Opera House.

Hike in cost to fix Napier centre

Napier's War Memorial Conference Centre will undergo a $7million revamp, including vital earthquake strengthening work.

Earthquake strengthening costs twice as much as thought

Heritage building named as finalist

Wellington developer Maurice Clark, left, was labelled a "hero" when he took on the $10 million restoration project of ...

Wellington developer Maurice Clark was labelled a "hero" when he took on the $10 million restoration project of the Old Public Trust Building.

Property portfolio valued at $2.7 billion

Kiwi Property Group chief executive Chris Gudgeon examines the Brickworks area of LynnMall in Auckland - one of the ...

New Zealand's largest listed company has increased it's property portfolio by $179 million, lifting the overall value to a record $2.7 billion.

Hastings healthcare centre up for grabs

A modern healthcare centre land and buildings in Hastings is on the market.

The sale of one of the Hawke's Bay's biggest private medical healthcare might be just what the doctor ordered.

Investor confidence at all-time high

Wellington investors have never been more confident, with $560m of large transactions made in the capital last year.

Investment in New Zealand's commercial property market is ramping up once again, with confidence in the sector at its highest level in two years.

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