Commercial Property

Mothballed institution up for sale

The long-disused CIT site in Upper Hutt, now up for sale.

All eyes are on the buyer of Upper Hutt's CIT site.

Property Council backs runway extension

Property investors have backed the Wellington airport's runway extension as vital for the city's growth.

Property Council says Wellington Airport runway extension is necessary for city's growth.

Former post office fails to sell

The site of the now closed Palmerston North bar Highflyers failed to sell at auction.

The old post office in Palmerston North's The Square was passed in at its mortgagee auction for $3.5 million.

NZTA sells unwanted properties

The New Zealand Transport Agency recently sold 327 Willis St in Wellington for $770,000.

NZTA sells properties bought for Wellington Inner City Bypass

Kelburn classic returns to market

The Plant family are putting a two storey Kelburn heritage building on the market for the first time in 90 years.

A Kelburn property is for sale for the first time since 1920.

Commercial property investments less liquid

Buying commercial property comes with high risk and high reward.

A fortune can be made in commercial property, but there are big risks.

Taranaki St jail house for sale

Wellington's former Taranaki St Police Station is for sale.

Home of Zibibbo Restaurant and Hashigo Zake craft beer bar for sale.

Playing the terror card a powerful election ploy

07042015 News Photo:David Walker/Fairfax NZ. Prime Minister John Key was in Bromley to officially open and tour the new Rylock factory.

OPINION: The impact of terrorism has played a part in many Western elections since 9/11.

Concerns over leaning tower safety

An architect’s view of how Wellington Airport’s new 32-metre-high control tower would stand among its neighbours in Tirangi Rd, Rongotai

The proposed Leaning Tower of Rongotai in Wellington could be dangerous.

Builders, scaffolders, engineers fear skills shortages

Scaffolding workers are in critically short supply.

New Zealand’s $100 billion pipeline of construction work is prompting fresh concern about a lack of workers.

Blenheim law firm home on the market

Blenheim's Temple Chambers premises are for sale.

The home of Hardy-Jones Clark for the last 90 years is on the market.

Rotorua's Fairy Springs complex for sale

The Fairy Springs shopping centre in Rotorua.

The property developer behind Rotorua's Redwood suburban retail and commercial hub is now selling off the similar Fairy Springs complex on the other side of town.

NZTA Wellington office on the move

NZTA Driver Distraction narrow pointer image

The regional office is moving to new offices the Majestic Centre in January.

Wellington building wins NABERSNZ energy rating

gold star

The 1980s block on The Terrace has been awarded a 4.5 star energy rating.

Hawke's Bay Summerlee homestead retreat sold

Summerlee homestead in Hawke's Bay.

 The large Mediterranean-style villa was sold on behalf of Wellington businessman Robert Fisher and his wife Charlotte.

Green-rated office buildings claim better returns

Property Council chief executive Connal Townsend.

Green-rated office buildings are worth more and earn a better return than other office blocks according to the Property Council.

Council HQ finally on the block

Greater Wellington Regional Council HQ.

The Greater Wellington Regional Council is selling up nearly two years after staff were forced to leave Pringle House after the 2013 Seddon earthquakes.

Plan to revitalise Porirua CBD

Central city apartments could be on the cards for Porirua.

Porirua's former post office building could be turned into apartments following the council's purchase of the building.

Sold! For $1m

The Tuatara Brewing Company Third Eye micro-brewery and tasting room. The building has reportedly sold for $1 million.

The building where the Tuatara Brewing Company recently opened its new tasting room is understood to have been sold to for $1 million.

Willis St shops sell for $6m

The small retail property  at 78 Willis St, Wellington, which sold for $2 million, may be demolished to provide better access to the Community House building.

Two Willis St properties have been sold by Clem Griffiths to fellow Wellington developer Maurice Clark for $6 million.

Capital's $80m tower

A proposed new office block at 20 Customhouse Quay, Wellington will replace quake-prone BP House.

A new $80 million office block is set to replace the quake-damaged BP House on Wellington's waterfront.

Hutt ANZ on market

ANZ said the figure wasn't her available balance.

Former ANZ bank in central Upper Hutt has been put up for sale by Zetland Properties.

Seaview bumps industrial vacancies

Seaview industrial area in Lower Hutt.

Wellington's industrial vacancy rose from 8.4 to 9.2 per cent last year, mostly thanks to Seaview.

Development drags in capital

TRANSMISSION GULLY: Civil projects are dominating in Wellington at the moment, says building consultancy Rider Levett Bucknall.

Wellington commercial and residential development is limping along, says building consultancy.

Owner seeks funding help to boost mall

090712. News. Photo. supplied to Dominion Post.
The Mall shopping centre in Upper Hutt.
From: Talbot, Alice [mailto:Alice.Talbot@colliers.com]

The owner of Upper Hutt's Mall announces plans to breathe new life into the troubled shopping complex.

Finance offer on old church

Old Methodist Church at 11 Kenepuru Dr, Porirua.

Porirua's former Methodist church has been put up for sale by the Methodist Church Trust.

Offshore buyer for Thorndon hotel

OFFSHORE BUYER: The Kingsgate Hotel in Thorndon.

Kingsgate sells to offshore buyer for undisclosed sum, to be operated by "well-known" brand.

Bowling opera house an option

Hawke's Bay Opera House is 17 per cent of building code and strengthening it is expected to cost $20 million.

Demolishing Hawke's Bay Opera House is being debated after it was revealed the cost of strengthening it had doubled.

Slow going for 5-star hotel project

Sofitel Luxury Hotel on Bolton St has had major delays after contract issues.

Wellington's five-star Sofitel Hotel development in Bolton St is more than a year behind schedule.

Equinox block a well-placed

Equinox House in Lambton Quay.

Michael Ogilvie-Lee will sell 16-storey Equinox House in Lambton Quay as he looks to invest further along the street.

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