Lincoln Grange Limited has been granted consent to acquire an 8.3 hectares of freehold site at 1491 Springs Road, Lincoln, for a new retirement village development.
The assets will seed the Centuria NZ Large Format Retail No.1 fund with a fully occupied portfolio of 42 tenants across the two properties.
The Hornby Hub owner says vacancies are a concern and it is in negotiations with a leasing agency to complement its Colliers contract.
Property for Industry has completed the sale of two regional industrial properties for a combined $19.05m.
Colliers matches the global sportswear retailer to 161 Cashel Street in the city’s Grand Central Building.
The company owns The Hub Hornby and is listed on the USX.
The Electric Avenue music festival was a key driver of visitation in February.
Bayleys is marketing a consented freehold riverfront hotel development at 137 Cambridge Terrace in Christchurch.
Christchurch has enjoyed the best start to winter with revenue per room, occupancy and average daily rate all up on the same time last year.
The Bone Marrow Cancer Trust has opened its 54 new Rānui Apartments near Christchurch Hospital.
Radius Residential Care has completed its $14.7m acquisition of the assets and business of the St Allisa care home in Christchurch.
The Marlborough Riverside Hotel in Nelson Street, Blenheim, is for sale.
Christchurch appears to be leading the way out of autumn for the country’s major hotel markets, according to figures from STR.
Woolworths has been given the green-light for a huge expansion of its key South Island distribution centre in Christchurch’s Hornby.
Singapore investor AGP and New York-based investor Stonepeak’s Arvida get the go ahead for retirement village related property deals.
Rydges Latimer Christchurch has become the first New Zealand hotel to achieve Sustainable Tourism Certification.
Construction has started on a new mental health facility at Hillmorton Campus in Christchurch.
After a good summer, Christchurch led New Zealand’s major hotel markets down as the country entered autumn, according to figures from STR.
An upgrade to Picton’s waterfront strip, London Quay, will go ahead this winter, with work planned to start at the end of May and expected to take around six months.
The government is providing Havelock Marina in Marlborough with a $9.9m loan from the Regional Infrastructure Fund for upgrades.
Te Pae Christchurch Convention Centre has won the Building Sustainability through People accolade at the 2025 New Zealand HR Awards.
Sudima Hotel Kaikōura has achieved 5 star Qualmark status, with Gold sustainable accreditation.
Te Pae Christchurch delivered a $77m boost to New Zealand’s GDP and supported 693 full-time equivalent (FTE) jobs across the country, according to a new analysis.
Te Pae Christchurch Convention Centre hosted 80,000 delegates at 220 events last year and says it has strong bookings for this year, 2026 and beyond.
The steel superstructure of Christchurch’s One New Zealand Stadium is now complete.
Millennium & Copthorne Hotels New Zealand Limited has completed its purchase of The Mayfair Hotel Christchurch.
The environmentalist, former actress, and wife of director James Cameron, secures consent for an $8.5m deal in a jv with a heavyweight agri family.
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