Misc

From strawberry fields to Massey mega-centre

A new $234 million town centre is planned for Massey after one of the country's largest property investors got its acquisition of land approved by Government officials.

Monday, April 04th 2005

Australian-controlled AMP NZ Property Developments has just got Overseas Investment Commission clearance to buy 15ha of rural land leased for strawberry farming on State Highway 16 from the Midgely family of West Auckland.

Auckland's expanding population is pushing on the city's urban limits to such an extent that the land, which is zoned for rural uses, has been earmarked for a new township where thousands are expected to live.

The new town centre is part of a push to solve Auckland's land crisis, after it was found last year that the city was fast running out of room for business and commercial uses.

AMP told the commission the new centre would be "along similar lines to the Botany Town Centre," its $234 million flagship shopping centre on 17.6ha in Manukau City.

AMP also compared the project to its vast Northwood Supa Centa in Christchurch and Manukau Supa Centa in Auckland.

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Property investors refocus on cash flow

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Wednesday, April 17th 2024

Rate cuts needed to lift mood

The enthusiasm that followed the change in government, mainly from property investors, has waned as homeowners and buyers hang out for interest rate cuts, says Kiwibank.

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.

SBS FirstHome Combo	6.74
Heartland Bank - Online	6.89
Wairarapa Building Society	6.95
Unity	6.99
Co-operative Bank - First Home Special	7.04
ICBC	7.05
China Construction Bank	7.09
BNZ - Classic	7.24
ASB Bank	7.24
ANZ Special	7.24
TSB Special	7.24

Unity First Home Buyer special	6.45
Heartland Bank - Online	6.55
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Unity	6.79
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SBS Bank Special	6.19
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AIA - Go Home Loans	6.39
China Construction Bank	6.40
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Kiwibank Special	6.55
BNZ - Classic	6.55
Co-operative Bank - Owner Occ	6.55
TSB Special	6.59
SBS Bank	6.79

SBS FirstHome Combo	6.19
AIA - Back My Build	6.19
ANZ Blueprint to Build	7.39
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