http://www.nzherald.co.nz/ Latest Property headlines from nzherald.co.nz en-nz Copyright 2010 APN HOLDINGS NZ Fri, 03 Sep 2010 18:00:03 +1200 http://blogs.law.harvard.edu/tech/rss APN RSS Generator webnews@nzherald.co.nz webmaster@nzherald.co.nz http://www.nzherald.co.nz/images/nz_little_logo.gif http://www.nzherald.co.nz/property/news/headlines.cfm?c_id=8 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670852&ref=rss House prices in Auckland fell during August as the number of properties being listed continued to stall.Figures released today by the region's largest real estate agency, Barfoot and Thompson, showed an average sales price of... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 12:13:08 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670675&ref=rss An international hotel broker has called for a truce at Auckland's Westin.Dean Humphries, national director Jones Lang LaSalle Hotels, said it was important that an impasse between two fighting factions be resolved."The unit... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 05:30:20 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670686&ref=rss Questions need to be asked of the former management of failed company South Canterbury Finance, says the Shareholders Association.Des Hunt, Shareholders Association corporate liaison director, said there was concern with activities... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 05:30:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670681&ref=rss Bad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.Companies Office records show a group of failed companies owe SCF but... newsfeeds@nzherald.co.nz Fri, 03 Sep 2010 05:30:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670623&ref=rss BusinessNZ is suggesting taxpayers need to consider what of sort of compensation they are prepared to pay to disaffected property owners, if restrictions are put on the sale of assets to overseas interests."While New Zealand has... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 15:24:18 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670599&ref=rss Westin Hotel workers, organised by the Unite Union, have issued a press release saying they have "vowed to fight for every job".The union is setting up a picket line outside the hotel today."These workers are asked to pay... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 13:05:50 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670583&ref=rss A real estate agent who tampered with a sale and purchase agreement to increase her stake in a commission split has been reprimanded by an industry authority.Valma Olliver of MH Realty Limited in Whangamata, was found to have... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 11:04:39 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670513&ref=rss Never mind the cow cockies - South Canterbury and Allan Hubbard were sunk by glitzy property investments including some in upmarket Auckland bars and nightclubs.New information shows Auckland's nightlife cost the failed finance... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 05:30:20 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670473&ref=rss Just over half of Auckland's five-star Westin will be off-limits to guests after a fight between receivers and suite owners.Out-of-pocket investors fear receivers might disconnect electricity, phone, television and access to their... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 05:30:18 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670519&ref=rss A notoriously shrewd businessman has emerged as the frontrunner to buy South Canterbury Finance after the failed finance company's chief executive, Sandy Maier, was spotted on an Air New Zealand flight leafing through a sale and purchase... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 05:30:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670516&ref=rss South Canterbury is reeling after the finance company of the same name collapsed into receivership, but there are hopes that the flipside will be a mini-boom for the local economy.With South Canterbury Finance in the hands of... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 05:30:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670482&ref=rss South Canterbury Finance's "bad bank" was in a desperate last-ditch race for cash, tumbling a string of property and business empires as it entered its death throes.SCF's receivership pitched at least 20 other companies into receivership... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 05:30:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670555&ref=rss Plans to build houses on an unspoilt Coromandel beach have drawn more than 1000 submissions in protest.It is understood to be a record number for a resource consent in the district.Queenstown developer John Darby wants to... newsfeeds@nzherald.co.nz Thu, 02 Sep 2010 00:37:50 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670420&ref=rss About 100 staff at the Westin hotel in Auckland are losing their jobs as most rooms there are shut down.Receivers of Lighter Quay Hotel Management - the company involved with the Westin Hotel complex - today said the five-star... newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 15:49:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670417&ref=rss Receivers for the company that operates the troubled Westin Hotel are planning to shed up to 100 staff, throwing the plans of hundreds of guests booked for the Rugby World Cup into disarray, say investors in the property.Receivers... newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 15:02:06 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670386&ref=rss Could South Canterbury Finance (SCF) investors use their NZ$1.6 billion of immediate cash repayments from the government to invest in property?Real estate agency First National has suggested many investors may choose to invest... newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 12:57:01 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670352&ref=rss An American billionaire has bought an exclusive Wairarapa country estate and farming business.The Overseas Investment Office cleared the sale of Wharekauhau to William P Foley II, his business partner and its New Zealand managers,... newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 10:14:29 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670323&ref=rss Fewer people are selling their homes as uncertainty continues to cloud the New Zealand property sector.Realestate.co.nz's NZ Property report shows the number of new listings fell for the fifth newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 08:17:29 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670208&ref=rss SYDNEY - Struggling mall operator Centro Properties Group has posted a A$652.7 million ($830.7 million) annual loss as it continues to address debt problems across the US, Australia and NZ.Centro, Australia's second-largest mall... newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 06:50:00 +1200 http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=10670192&ref=rss Building consent figures continued to drag along at low levels in July, with the main bright spot being the number of retirement units authorised.The seasonally adjusted number of new houses authorised last month, excluding apartments,... newsfeeds@nzherald.co.nz Wed, 01 Sep 2010 06:20:00 +1200