Commercial Property

Sold! For $1m

Brewery building changes hands

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

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

Capital's $80m tower

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

Hutt ANZ on market

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

Seaview bumps industrial vacancies

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

Development drags in capital

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

Owner seeks funding help to boost mall

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

Finance offer on old church

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

Offshore buyer for Thorndon hotel

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

Bowling opera house an option

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

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

Equinox block a well-placed

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

Plimmer Tower fetches $40m

Wellington's Plimmer Tower has been sold to a Singaporean private investor.

On track with new boss

Trust looking to buy train station, prison

Jason Fox takes up reins of Port Nicholson Block Settlement Trust, with plans to buy Wellington Prison and Railway Station

Naenae has special place in urbanism

Historian Ben Schrader is convinced it is only a matter of time before people will come to recognise Naenae's unique heritage.

Old Post building up to code

The owners of the former Evening Post building in Willis St are pleased with the strengthening project that has lifted their office block to 90 per cent of code.

Building activity high in Lower Hutt

Building activity has gone into overdrive in Lower Hutt.

Boom tipped for Capital

Big infrastructure projects are helping fuel growth in Wellington's commercial property market.

Multi-storey development passes first council hurdle

Frustration and dismay has greeted the latest success in retirement giant Summerset's bid to build a multi-storey village in a wealthy suburb of Lower Hutt.

Fire station's $7.5 upgrade complete

Revamp of Wellington's heritage-listed Central Fire Station wins the praise of its newly returned firefighters.

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