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Kiwi Property completed the sale of Northlands Shopping Centre to Mackersy Property for $151 million in November 2022 [12] and in May 2023, the company divested the Westage Lifestyle Shopping Centre. [13] In March 2023, Kiwi Property opened 3 Te Kehu Way, a $63 million low rise office and medical office, anchored by Geneva Finance and ASB. [14]
The local real-estate sector promotes myths of moving onto (and up) the property ladder [9] accordingly, and New Zealand politicians foster the idea of a stable democracy rooted in property-ownership. [10] [11] [12] In 1977, the Town and Planning Act was passed, which began to make it easier for NIMBYs to oppose new housing nearby and force ...
On 1 October 2019 Kāinga Ora was formed by the merger of Housing New Zealand with its development subsidiary Homes, Land, Community (HLC) and the KiwiBuild Unit from the Ministry of Housing. Kāinga Ora is a large and important Crown entity, with assets of $45 billion and over $2.5 billion of expenditure each year.
Real estate investors typically use a variety of real estate appraisal techniques to determine the value of properties before purchase. This typically includes gathering documents and information about the property, inspecting the physical property, and comparing it to the market value of similar properties. [ 6 ]
The most expensive NZ home sale that year was also in Westmere, when Andrew Adamson sold his mansion to Anna Mowbray and Ali Williams for $24 million. [68] The suburb comprises about 1,700 homes and is a compact neighbourhood. [69] The median real estate sales price was $1.8 million in 2019, [70] increasing then falling to $2.4 million in 2023 ...
The house is located at 186 Mahoenui Valley Road in Coatesville, 30 minutes north of Auckland. The house is on 22.6 hectares (56 acres) of land. It has 12 bedrooms. [2] There are three swimming pools, one of which is an Olympic length indoor pool. [1] In 2014, the property had a rateable value of NZ$23.55 million. [5]
Viaduct Harbour, formerly known as Viaduct Basin, is a former commercial harbour on the Auckland waterfront that has been turned into a development of mostly upscale apartments, [3] office space and restaurants. It is located on the site of a formerly run-down area of the Freemans Bay / Auckland CBD waterfront in
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.