Property management stories
Rental demand, low upkeep and strong returns are the key tests for buyers weighing up a property investment, advisers say.
The real estate group is set to expand faster in New Zealand after Derryn Mayne bought a 25% stake, bringing ownership back into local hands.
Fewer rental homes and higher rents could follow a capital gains tax, with landlords also cutting back on professional property managers.
Landlords face fines of up to USD $4,000 from 1 July, as contractors struggle to insulate 125,000 rental homes in time.
North Waikato's Turangi and Huntly outperformed Auckland rivals as Century 21 New Zealand handed out its 2018 national awards in Auckland.
Automation is becoming a priority for commercial real estate firms, even as many still rely on spreadsheets and play catch-up on digital tools.
The new unit will expand Colliers' services in New Zealand and tap Kerry Woods's experience on major refurbishments, including Auckland's QBE Centre.
Passengers in New Zealand and Australia should see fewer delays as sensor data helps KONE predict faults and cut lift downtime.
More than 2,680 delegates attended the Auckland event, as new energy management and smart-building displays drew strong interest from tradespeople.
North Auckland’s growth is set to boost sales at Century 21 Crism Realty, where Clive Goodman has taken over as franchise owner and principal.
Facilities managers are facing lower costs and faster fault response as connected sensors and software automate maintenance across buildings.
Tenants face another winter in damp, cold rentals as most landlords have yet to begin costly upgrades before new healthy home rules bite.
Poor records and vague lease terms are fuelling end-of-tenancy make good disputes, with one Auckland case reaching USD $10 million.
Delegates at the Auckland expo will hear how tighter energy management could cut costs as New Zealand faces looming climate targets.
The 25-year-old Porirua mall will keep its on-site staff after a AUD $100 million sale, easing concern for retailers and shoppers.
Investors can buy into four North Island warehouses leased back to Provida, with the scheme targeting a projected 8 per cent annual return.
Higher occupancy and stronger valuations lifted Precinct Properties’ annual profit as limited office supply kept demand for city centre space firm.
Industry professionals will hear how AI, robotics and the Internet of Things could reshape buildings, facilities and urban spaces at an Auckland expo.
Smaller investors are finding childcare centres attractive as Auckland’s expanding sector keeps occupancy above 80 per cent and demand strong.
Shoppers in West Auckland will see new signage within days as the former WestCity centre adopts a new name and branding.
