Commercial

Developers look to cash in on Blenheim expansion

A large commercial subdivision is being planned for Blenheim's eastern outskirts as property developers line up to cash in on a shortage of business land in the town.

Wednesday, July 20th 2005

The de Castro family has bought 23ha of rural land at St Andrews and hopes to turn it into The Eastlake Commercial Centre for commercial and light industrial businesses.

The plan, which is still at the feasibility stage, comes as the Marlborough District Council considers the merits of another business development proposed for the other end of town.

Outer Limits is behind the Westwood Business Park plan to house bulk retail outlets in Springlands.

Both developments would require rural land on the outskirts of Blenheim to be rezoned as suitable for business building.

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Property investors refocus on cash flow

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Monday, March 18th 2024

Support for regulation

REINZ has emphasised the need for property management regulation to Parliament’s Social Services and Community Committee.

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.

Thursday, March 07th 2024

Interest rate expectations: It’s not over yet

Most Kiwis think interest rate increases have peaked.

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