Oh dear, you're stuck with it

Sunday 24 October 2004

Early in the heady days of the 80s stock-market boom, enigmatic property developer Colin Reynolds had a grand vision - a New Zealand banking and finance powerhouse in the heart of Auckland.

By The Landlord

It was a time when Parnell was the place to eat, the waterfront was for fishermen and the height of fashion was wide shoulder pads, big hair and shoe-sized mobile phones pulled ostentatiously from a hand bag or leatherette brief case.

Reynolds and his ill-fated Chase Corporation spied a block of low-rise buildings surrounded by Victoria St West, Durham St West, Albert St and Queen St.

Four showy towers - today known as Qantas House, the Simpson Grierson building, Brookfields House and Durham House - linked by an awkward maze of escalators, walkways and public plazas emerged on the site.

Read More - Opens in a new window
Commenting is closed

Property News

Investors not rushing to sell

There is no rush of investors looking to sell their properties in the post-Covid-19 market, according to the second joint survey from REINZ and economist Tony Alexander.

House Prices

S&P forecast 10% house price fall

Global ratings agency Standards & Poors is the latest to join the chorus of predictions around potential house price falls in New Zealand – and they’re picking a 10% drop.


Advisers buoyed by strong property market

The New Zealand property market has emerged strongly out of lockdown, according to mortgage advisers, who say they are busy as ever this winter.

Site by PHP Developer