Commercial Property

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

Clock

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

v

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

MBIE

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.

Te Aro apartments planned

Apartment

Galatea Holdings has asked WCC for permission to build 32 apartments at 41 Hopper St.

Corrections centre sells

Property sold sign

The Corrections Department's emergency backup centre in Kapiti has sold for $1.25 million.

Major rebuild for council flats

Arlington apartments

A council housing block needs a designer, a builder, and someone to knock down the old buildings.

Making urban dreams come true

art strap

A local group is looking to fill some of Wellington's vacant shop space with art projects.

Bite of history on offer

mcdonald strap

A Porirua building which saw the world's largest fast food chain enter the New Zealand market is for sale.

Challenges for small shops

Napier retail complex

To drive business and stay in the game, retailers must understand changing consumer needs, experts say.

$1.5m to sell Kimberley Centre

Kimberley Centre

More than $1.5 million was spent to maintain a former facility for the disabled during an eight-year sale process.

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