Commercial Property

Historic complex for sale


The old Karitane Hospital and nurses' home on the top of the ridge at Melrose is for sale again.

Bus depot set for strengthening

Bus depot

NZ Bus is looking to redevelop its Kilbirnie depot after an assessment found it earthquake-prone.

Let's get re-inventing

Victoria University

On top of a runway extension and film museum, Wellington needs a science park, says council CEO.

Quake-prone flats sold

Gordon Wilson flats

The Gordon Wilson Housing New Zealand complex in central Wellington has been sold to Victoria University.

Kirks building goes for $48m


Prominent Wellington retailer Kirkcaldie and Stains has agreed to sell its Harbour City Centre site for $48.85 million.

Hawke's Bay city centres in decline

Hastings and Napier city centres are in the worst shape they have been in for a decade.

Johnsonville mall plan reviewed


DNZ Property Fund reviews plans for Wellington shopping centre, but starts on Auckland's Westgate.

Hawke's Bay centres stagnate

house for sale

Hastings and Napier city centres are in the worst shape they have been in for a decade.

Clark snaps up old site

dominion post building

Developer Maurice Clark paid just under $4m for the former Dominion Post offices in Boulcott St.

Hold put on Hutt theatre work


Lower Hutt developer must await retail area development consent before working on theatre exterior.

Campus rots at cost of $450,000

Former CIT campus

The former CIT campus is costing more than $450,000 to maintain even though it remains empty.

Precinct Property profit slips

Precinct Properties

Commercial property investor's profit was on a par with previous year, if tax benefit is stripped out.

Kirks' building sale progresses


Kirkcaldie & Stains is a step away from receiving over $45m for two buildings in Wellington's Golden Mile.

Buyers should check cover

Oriental Bay apartments

When buying an apartment, many factors can influence the outcome, from price and location to whether it's purpose-built or a conversion.

Test of heritage protection

Harcourts Building

The Property Council has renewed its call to allow the demolition of quake-prone heritage buildings.

Top green rating

Asteron Centre

Two years of careful monitoring of energy use has paid off for Wellington's largest office block.

Prime sells office block

Craig Investment Partners

Waterfront office block that figured in recent legal dispute over quake strengthening is up for sale.

Tower block planned for High St

Hutt tower block planned

There are plans to turn the former BNZ building in Lower Hutt's High St into a multi-story apartment block.

MBIE's $60m makeover


A grand old dame of the Wellington public service has had a $60 million makeover.

Share offer for chunk of Petone site

Petone Countdown

The massive Countdown Petone building is being offered to investors as a syndication opportunity.

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