Infrastructure Investment stories
Nationwide house values rose 0.4% in October, as easing lending tests drew buyers back and lifted annual growth to 2.8%.
Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.
New Zealand property investors remain upbeat despite a proposed capital gains tax, with Colliers finding prices and confidence still broadly positive.
NSW’s near GBP £47 billion infrastructure pipeline is expected to lift property values and spur development around three Sydney rail projects.
Patients could get faster access to prescribed cannabis as Melbourne Airport prepares to host Australia’s largest medicinal marijuana plant.
A strengthening global market is lifting optimism in construction, as a new report shows the industry emerging from the financial crisis.
Backed by government grants, the Wodonga factory will supply timber panels to most of Australia within 24 hours as demand rises.
Foreign capital now dominates New Zealand’s biggest commercial property deals, as domestic investment fell 77% to GBP £400 million in 2017.
Tight vacancy and rising rents are keeping Auckland industrial yields near record lows, despite signs of slower growth later this year.
Auckland occupiers and investors face fresh disruption as the government revives the East West Link in a scaled-back $800 million form.
Rising demand for homes, jobs and green space is driving multi-billion-dollar city makeovers from Paris to New York and Cairo.
More than 20 councils joining GoShift could cut delays and costs for builders, developers and homeowners across New Zealand.
Limited industrial land in Napier is being turned into 20 lots for lease or sale, with demand lifted by regional growth and shortages.
The $240 million Convention Centre deal is expected to reassure investors, developers and suppliers while creating jobs in Christchurch's CBD.
Business leaders say transport bottlenecks and planning delays are constraining growth as most back higher public-private infrastructure spending.
Record visitor numbers helped push hotel and motel consent values to GBP £490 million in the June 2017 year, Stats NZ says.
Record export growth has fuelled multi-million-dollar development and sales across Hawke’s Bay, with a planned GBP £0 new berthing facility at Napier Port.
The move to a GBP £20 million Tauriko warehouse should give NZL Group more room to expand and cut handling costs for its freight operation.
Housing supply and affordability in Hamilton and Te Kauwhata are set to improve as infrastructure funding unlocks 10,700 new homes.
Proceeds from the final NZD $130 million sale will be ringfenced for public transport and stormwater works as Auckland grows, the council said.
