Commercial

Sentimental Bob back in business

Sentiment – and not just dollars and sense – is behind Sir Robert Jones' increased investment in the Wellington property market.

Tuesday, July 06th 2004

Sir Robert confirmed yesterday his purchase of Lambton House for $18.3 million – his fourth big building buy this year.

On settlement, his company Robert Jones Holdings Ltd planned to spend $400,000 refurbishing the 14-storey building's lifts and air conditioning.

The building, fronting both Lambton Quay and The Terrace, houses the head office of Land Information New Zealand.

A combination of affection for his home town, cultural factors and property trends has helped to reawaken Sir Robert's interest in the Wellington market.

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Wednesday, April 17th 2024

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Monday, March 18th 2024

Support for regulation

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Thursday, March 14th 2024

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

Thursday, March 14th 2024

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.

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