Relief at Icon finishing abandoned Auckland $300m+ Seascape apartment tower
'Well done, Icon. The city will be behind you.' - Shane Brealey, Simplicity Living MD. Source: NZ Herald Business News
Icon to replace China Construction on $300m abandoned apartment tower Seascape
Developer Shundi Customs announced a new builder for 56-level Auckland apartment project. Source: NZ Herald Business News
Property Insider: What can be done about Seascape? How a $250m construction contract was won; Kurt Gibbons’ house sale; Property Council awards
'Our hope remains that this civil dispute is resolved as quickly as possible' - McCormick Source: NZ Herald Business News
Du Val saga: Pasifika businesswoman to renege on $850,000 property contract, expects big loss
'Targeted and called repetitively by young Pasifika people who got my trust.' - Keil-Hall Source: NZ Herald Business News
Developer of 112 South Auckland units at Wattle Park liquidated, estimated to owe $4.6m
Project completed in January 2022 but developer blames Covid and the downturn for debts. Source: NZ Herald Business News
Property Insider: Fletcher’s $15m ‘mistake’, debate on granny flat change, coloured glass galore, ex-Beca HQ for sale, fifth Auckland Woolworths being sold
What do people in the sector say about Fletcher Building closing its $15m plant? Source: NZ Herald Business News
Dark Desire: New Auckland CBD brothel opens with 10 ‘ladies’ where previous brothel failed
Previous owners cited a downturn in trade as one of the reasons for business liquidation. Source: NZ Herald Business News
Why a Queenstown lifestyle property set a new $45.5m benchmark – ‘so much flat land’
'The price was big because the sale included so much flat land.' - local investor Source: NZ Herald Business News
Property Insider: JLL office closures; developer retrenches; Amaia apartments occupied; $185m private Wellington hospital expansion; Northlake issues; and sand quarry fears
People are alarmed by the JLL closures, asking what that says about the successful agency. Source: NZ Herald Business News
Woolworths wins consent to super-size its Christchurch distribution centre
Overseas Investment Office approval comes day after Govt announces supermarket crack-down. Source: NZ Herald Business News