New Zealand’s property market experienced the highest number of residential property sales for the month of February in 14 years. Real Estate Institute of New Zealand (REINZ) found a 14.6 per cent year-on-year increase in property sales for New Zealand in February 2021, from 6951 sales in 2020 to 7964 sales. The Auckland market made […]
The community-owned economic development fund South Waikato Investment Fund Trust (SWIFT) is working closely with training provider Toi Ohomai Institute of Technology to construct a new $14 million South Waikato Trades Training Centre in Tokoroa. The development at 30 – 32 Chambers Street is scheduled for completion in 2022 and will cater for up to […]
The increasing value of property has seen two commercial investment companies report robust half-year results, after portfolio revaluations. Kiwi Property reported a $54.2 million profit, an increase of 47.5 percent, which included an $11.8m fair value uplift in the value of its properties. Goodman Property Trust reported a $176m after-tax profit, which included valuation gains […]