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Commercial Property News

All the latest commercial property news from around the region.

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nzherald.co.nz - Commercial Property

Questions hover over $160m ASB block
10 Mar 2010 at 3:00am
The planned $160 million ASB headquarters should be a good deal for its developer and landlord but there are some concerns, an analyst says.Jason Lindsay, research analyst at Credit Suisse, said the $1.8 billion Kiwi Income Property...

Work starts on Bacchus leak problems
10 Mar 2010 at 3:00am
Teak Construction is working on the leaky 51-unit Bacchus apartments and retail block on the North Shore.The luxury $6 million Browns Bay block, not far from the waterfront, suffered extensive problems after Multiplex Constructions...

No more ground rent for owners
10 Mar 2010 at 3:00am
Land at one of New Zealand's largest high-density housing estates has been converted from leasehold to freehold title.Beaumont Partners, directed by Auckland developer Nigel McKenna, has sold land at the 258-unit Beaumont Quarter...

Plea to delay Dubai repayments
10 Mar 2010 at 3:00am
DUBAI - Dubai World, the state-owned holding company in talks to renegotiate about US$26 billion ($37 billion) of debt, will ask banks for permission to delay loan repayments when it presents a plan to creditors this month, said three...

No fraud found say liquidators
7 Mar 2010 at 3:00am
Blue Chip liquidator Jeff Meltzer says he's seen no evidence of fraud during his investigations into the collapse of the property investment group.Meltzer and his colleagues are due to release a report explaining how they may...






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