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State of the retail economy

The comments we made last week relative to Shopping Centres that are falling in value due to vacancies and tenants struggling, bought a significant number of comments from recipients.

Kiwi Income Properties Ltd, Manager of Kiwi Income Property Trust, announced to the market today that Beca Corporate Holdings Ltd has agreed to a new nine-year lease over approximately 14,000sqm of office space at 21 Pitt Street, Auckland. ...

Consistency flows into earnings for PFI

Consistently-high portfolio occupancy continues to flow through to earnings for listed industrial property investor Property for Industry (NZX: PFI). ...

Goodman Property updates trading

(PREMIUM) It’s been a busy six months for Goodman Property Trust (NZX: GMT) since its March end of year, completing leasing on more than 28,000sqm of space, acquiring the balance of Show Place Office Park, and raising $45m via a wholesale bond issue. ...

Gravitas vineyard sold

Prominent Marlborough vineyard Gravitas has been sold to a New Zealand owned and operated wine label for an undisclosed price. ...

Housing market continues downward spiral

The property market has continued its downward slide in September, according to the latest Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI). ...

Rata Lodge up for tender

A boutique luxury lodge with potential for conversion into an upmarket residential dwelling has been placed on the market for sale. ...

September residential sales lowest in a decade

There was a slight gain in the number of residential property sales in September versus August, but September numbers are still the lowest for that month in at least a decade, according to figures released today by the Real Estate Institute of New Zealand (REINZ). ...

Goodman sign up Downer EDI

Goodman (NZ) Ltd, the Manager of Goodman Property Trust (NZX: GMT), announced further development progress at its Glassworks Industry Park in Christchurch today. ...

ASB and KIPT plan construction for Wynyard Quarter

The conditional agreement between Kiwi Income Property Trust (NZX: KIP) and ASB Bank for the listed property vehicle to develop a new head office for the bank will see the construction of the first commercial office building located in Auckland’s new waterfront showpiece, Wynyard Quarter. ...