Real estate stories
Harcourts, the 133-year-old real estate agency, transformed its global operations by adopting NetSuite, modernising from a 'fake' cloud solution.
Passengers could soon book flying taxi trials in Melbourne or Sydney, as Uber prepares to name its first international test city on Monday.
New Zealand entrepreneur Mark Hurley is launching Jasper, a tech-enabled marketplace for investing in commercial real estate with lower minimums and fees.
Auckland's market weakness is dragging New Zealand house prices sideways, with suburbs still showing sharp gains in the regions and losses on the North Shore.
Buyers in boutique apartment projects are driving demand for custom layouts, hotel-style foyers and wellness spaces as competition intensifies.
Many landlords may simply hold properties longer or pass them on, as the proposed ring-fence is unlikely to slash rental stock or confidence.
Auckland City and the North Shore are weighing on the market, with average property values down 1.5% over the past year.
Borrowers could see lower mortgage rates after the Reserve Bank cut the official cash rate to 1.5% and hinted at another fall this year.
Auckland vendors are offering a $1.2 million home for Bitcoin, in a potential first cryptocurrency property deal for New Zealand.
Auckland’s weakness is masking stronger gains elsewhere, with provincial house values rising 8.2% over the year and interest rates low.
Auckland's weaker market is likely to drag on national property sales, even as CoreLogic sees New Zealand prices edging up about 3% this year.
House prices in Takapuna surged 30% to NZD $1.3 million, as council-led upgrades and new apartments fuel demand in Auckland’s bayside hub.
A CBRE study says Asia Pacific tech firms are splitting operations across cities, with lower costs and R&D talent driving location choices.
The real estate group is set to expand faster in New Zealand after Derryn Mayne bought a 25% stake, bringing ownership back into local hands.
CoreLogic says tighter lending and higher costs have left investors and first home buyers tied on 24% of purchases in early 2019.
Flexible working could slash office costs and give staff a workspace near home, as Regus pitches on-demand offices to firms.
Flexible work could cut New Zealand’s CO2 emissions by 900,000 tonnes a year and add up to NZ$18.1 billion to the economy by 2030.
More than 35 companies have joined planning for the project, which aims to make Western Sydney’s 280-hectare site a testbed for autonomous vehicles.
Sales volumes in February marked the sharpest annual fall for 16 months, even as prices kept climbing across most of New Zealand.
The project will add a 3,000sqm town square and mixed-use buildings to central Takapuna, with work expected to begin from mid-2020.