Property Development stories
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New legislation could unlock thousands more build-to-rent homes as New Zealand opens its largest such development in Auckland.
Projects risk missing tenants and returns unless developers align design and operations from the outset, a UKO co-founder says.
With one in four apartment blocks found to have defects, NSW has introduced a five-star system to flag risky developers before buyers commit.
A Dunedin office project will trial real-time BIM safety tools as construction firms seek to curb a sector that drives 16% of ACC work claims.
A further NZD $150m in funding will help Auckland developers meet surging demand, with some homes already sold off-plan to waiting buyers.
Construction on Auckland’s One Queen Street site will resume after a Covid delay, with a redesigned tower linked to Commercial Bay and a hotel.
Auckland developers are finding stronger demand and easier consents as housing shortages, low rates and relaxed zoning reshape the market.
More than 600 new homes are planned for a 70-ha Invercargill site, with developers saying the project could ease pressure on buyers.
The project will add 236 homes for older people and free up five hectares for future Government housing across Avondale and Blockhouse Bay.
Affordable townhouse projects in Auckland will get a lift as the non-bank lender commits GBP £75 million to new residential developments.
The 361-hectare South Auckland project could add USD $2.3 billion to the economy and house 2,000 people by 2027.
Buyers in Auckland’s Belmont are being offered sustainably built terraced homes with electric bikes as New Zealand eases property viewing restrictions.
Demand for affordable Auckland townhouses is squeezing supply, as first-home buyers snap up projects off the plans before building begins.
Developers can now assess sites in minutes, as new data tools cut weeks from feasibility work and simplify approvals.
Urban developers face rising pressure to add renewable power, fibre and automation as tenants demand cheaper, smarter services.
It will add 226 apartments and a 233-room hotel to downtown Auckland as demand for CBD homes outstrips supply, with completion due in 2024.
More than 2,680 delegates attended the Auckland event, as new energy management and smart-building displays drew strong interest from tradespeople.
Only 40% of Titanium Park’s Western Precinct remains available after nine sites were sold or contracted, as demand from firms keeps rising.
A US$45 billion city is meant to relieve Cairo's overcrowding, but critics fear the fast-tracked project could become a ghost town.