Commercial

Commercial property returns improving

Commercial property in New Zealand returned annual income of 8% and annual capital growth of 1% for the year ending September 2012, according to the latest Commercial Property Index. More...

Buyers queue for quake-hit properties

Earthquake-damaged commercial properties are being snapped up by cashed-up buyers in Christchurch. More...

Former Don Ha properties sold

A mass mortgagee auction of nine rental properties formerly owned by real estate agent and mentor Don Ha was successful, with all the properties selling. More...

Birkenhead rents continue to rise

The average median rent for a one-bedroom property in Birkenhead has soared 42% in the year to September 2011, while the same size property in Epsom has seen rents fall 24% over the same period. More...

Sir Bob Jones expands Auckland office portfolio

High profile commercial property investor Sir Robert Jones has expanded his Auckland office portfolio with the purchase of a six story office and retail block in Takapuna. More...

Landlords face higher rates after valuation anomalies

Inaccurate rating valuations have left some Hutt City commercial property owners facing excessive rates payments, claims Bayleys Valuations Chris Orchard. More...

Review may give investors some depreciation relief

Commercial 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...

RBNZ finally gets a response

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...

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