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CommercialReview may give investors some depreciation reliefCommercial and industrial property investors should still be able to claim significant depreciation allowances, an asset depreciation expert says. More... IRD favours depreciation for commercial building fit-outs Hoteliers, retailers and commercial office interior decorators look likely to get the reprieve they were looking for from new depreciation rules they feared would drastically raise the cost of maintaining modern premises. More... Commercial investment opportunity In a time of increasing economic optimism and resurgence within the industrial property market, an opportunity has arisen for investors to buy five affordable units within a large single property - or the whole property itself - at 419 Church Street East, in the heart of Auckland's Penrose industrial precinct. More... If ASB had not kicked off mortgage rate increases yesterday, then the Reserve Bank would have started thinking in terms of boosting the Official Cash Rate (OCR) 0.5% in July simply to force the response it wants, says BNZ economist Tony Alexander. More... Property industry to pay for Budget Bold changes set out in the Budget will primarily be funded through an effective tax increase for New Zealand property owners. More... Commercial property investors will foot the bill of proposed land tax Commercial property owners and investors will be left to “foot the bill” of a proposed land tax, according to the Property Council of New Zealand. More... Listed property stocks set to soar Listed property trust shares are set to soar if New Zealand enters a sustained period of inflation, according to NZ Funds Management. More... New website listing not-for-sale properties, for sale A new online listing service for commercial property has been launched, featuring not-for-sale properties. More... Unit Titles Bill makes management easier The Unit Titles Bill currently before Parliament's Social Services committee will make setting up unit title developments easier and more flexible. More... A distinctive new office block, 'The Apex', in one of Auckland's emerging business hubs is being offered for lease through commercial property agency, CB Richard Ellis. More... Each week ShareChat reviews a current savings and investment product. Recently it put a commercial property syndicate, Arran Court, through its paces. More... Commercial returns out in front Continuing strong demand for tenants, along with increasing rents and low vacancy numbers are expected to maintain good returns for commercial property investors, despite a predicted softening of returns for the remainder of 2008. More... Trust's Chews Lane purchase questioned New Zealand’s largest listed investor in prime commercial office property, AMP NZ Office Trust (ANZO), has an unconditional agreement to acquire a newly-built $77 million Wellington office and retail complex with 100% of the office space occupied by a government tenant. More... Goodman Property Trust expands to become country’s biggest Goodman Property Trust is set to become the country’s largest listed property trust after its unit holders backed the purchase of a 50% holding in Auckland’s Highbrook Business Park. More... Office rents soar around the world While office rental growth in New Zealand is the strongest for more than a decade, it has been relatively weak by international standards. More... |
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