by Warren Head | May 18, 2023 | Companies, Latest News, Property
18.5.23 Sustained customer demand contributing to significant revenue and earnings growth is reported by Goodman (NZ) Ltd, the manager of Goodman Property Trust (GMT or Trust) for the year ended March 31, 2023. Customer demand for well-located warehouse and...
by Warren Head | Apr 18, 2023 | Economy, Property
18.4.23 March was a somewhat perkier month for the New Zealand housing market, after a particularly weak February, comments Westpac. “With mortgage rates now approaching their peaks, and even falling for some terms, it’s not surprising that we’d see some signs of the...
by Warren Head | Apr 13, 2023 | Economy, Latest News, Property
13.4.23 The latest Cordell Construction Cost Index (CCCI) shows construction costs rose 0.6% in the March quarter, well below the average quarterly increases of 2% recorded in 2021 and 2022. Meanwhile, the annual growth rate has dipped from a record high of 10.5%, to...
by Warren Head | Feb 13, 2023 | Companies, Latest News, Property
Convention Centre provision shadows FB half-year 13.3.23 (UPDATED) In an unusual development Fletcher Building this morning produced its expected results for the first half of FY23, which will be released on 15 February 2023, and updated earnings guidance for the...
by Warren Head | Jan 24, 2023 | Latest News, Property
24.1.23 Following consultations with the major investors, Auckland real Estate Trust’s board will be presenting to unitholders a proposal to delist the Trust. Investors will shortly receive a meeting notice for a General Meeting, which will occur in early...
by Warren Head | Jan 13, 2023 | Free, Property
13.1.23 There were 50,209 new homes consented in the year ended November 2022, up 3.2% compared with the year ended November 2021, according to Stats NZ. There were 28,364 multi-unit homes consented in the year ended November 2022, up 24% compared with the year ended...
