Auckland & Northland

The govt says it wants to secure a large site as pressures increase across the region’s health system.

The listed property investor said the revaluation was driven by a shift in cap rates.

André Miethig has started as director of operations at Rosewood Kauri Cliffs at Matauri Bay.

Highlights from the Property Council New Zealand’s Rider Levett Bucknall Property Industry Awards held at Auckland’s Spark Arena on Friday.

The University of Auckland’s Hiwa Recreation Centre and Precinct’s Deloitte Centre are multi-award winners from Friday’s gala event.

The great and the good of the country’s property industry converged on Spark Arena for the Property Council New Zealand’s Rider Levett Bucknall Property Industry Awards.

Around 1400 property professionals will tonight attend the Property Council’s 35th Rider Levett Bucknall Property Industry Awards.

But the contractor says it will “vigorously defend itself” against SkyCity’s claims over the delays, which include those caused by the large 2019 fire.

Precinct Properties has completed the final stage of its $550m office and retail Wynyard Quarter Innovation Precinct.

Project completions for the most recent quarter have increased to be double digits again, however this is unsustainable given the size of the pipeline.

Blue Star Group has officially opened its $40m facility at 114 Swanson Road in Auckland.

A prominently positioned commercial property in Albany on Auckland’s North Shore is being presented to the market for sale and offers buyers the opportunity to acquire an exceptional retail investment with long-term upside.

The developer is partnering with a Singapore-based institutional investor to fund the scheme.

The agent says the sale was the fourth largest hotel deal in the region over Q1.

The full leasing of the company’s Munroe Lane development is its “key priority” before a potential sale of the asset.

The large format retail investor rebounds from the previous year’s $67m loss.

JW Marriott has opened its new JW Marriott Auckland at 22/26 Albert Street, marking the brand’s debut in New Zealand.

Around 160 delegates are attending the Property Council’s event in Auckland.

Tourism Industry Aotearoa’s TRENZ event will return to Tāmaki Makaurau Auckland next year.

SkyCity Entertainment Group says it now expects its full year group earnings to fall to around 4% below the bottom of the current guidance range of $225m to $245m.

Takapuna Beach Holiday Park in Auckland is set to get 20 new pre-fabricated accommodation and facility buildings.

Kiwi Property’s build-to-rent scheme Resido has been awarded a 9-star Homestar Built rating from the New Zealand Green Building Council.

Queenstown and Nelson/Marlborough lead revenue growth across the country’s hotel sector in March.

The Labour Inspectorate has completed a compliance operation in the Bay of Islands with dozens of businesses identified for visits by inspectors.

Asset Plus says its Albany office building has been revalued down to $107m.

IHG Hotels & Resorts’ boutique brand, Hotel Indigo, has officially opened in Auckland.

The Asia Pacific investor is buying 38-44 Dalgety Drive at Wiri, part of the Goodman-developed Enterprise Park.

Lion New Zealand is installing rooftop solar at its Auckland brewery – the country’s largest – The Pride, where the company can run 160,000 cans and bottles per hour across four production lines.

The minister lashes out at the decision to deny consent for James Kirkpatrick Group’s proposed mass timber building.

Around 250 property professionals have converged on Auckland’s Aotea Centre for the Property Council New Zealand’s Residential Development 2025 conference.