Auckland CBD Apartments Hit Record High

Research shows that 1216 new apartments, totalling up to over $600 million, will be built in Auckland’s central business district. If the target is met, this will be a record setter within the decade. According to Zoltan Moricz, Senior Director and Head of Research at real estate agents and consultants CBRE New Zealand, 343 new […]

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$2b Spent Annually on Auckland Congestion

The cost of traffic congestion in Auckland is reaching towards $2 billion a year, according to the latest Employers and Manufacturers Association (EMA) report. In recent years, traffic bottlenecks have taken a severe toll on the largest city in New Zealand. The decrease in efficiency has prompted a pressing need for politicians to alleviate traffic […]

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Australia needs to prioritize housing affordability for its low-to-medium-income earners

Australia needs Affordable Housing

According to Dr. Matthew Thomas of Social Policy and Alicia Hall, housing affordability in Australia has broadly declined since the early 1980s. The price to income ratio index shows a tremendous 78% increase between 1980 and 2015. What can be done about it? The common argument is that there simply not enough new houses being […]

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The surge in approval for apartment developments might result in oversupply

Surge in Approval for Apartment Developments

Surge in approval for Apartment Developments might result in oversupply In June, the private apartment approval made an unexpected 20 percent jump, according to seasonally adjusted building permit data released by the Australian Bureau of Statistics. Citi economist Paul Brennan says that we face a serious risk of oversupply, which might turn an already crowded […]

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New $300 million infrastructure investment will help create 10,500 homes in Auckland’s north-west

$300 million Investment To Create 10,500 homes

Auckland Mayor Phil Goff and Finance Minister Steven Joyce announced that 10,500 new homes will be built n Whenuapai and Redhills thanks to $300 million of new infrastructure investment. The new funding will be provided through the Housing Infrastructure Fund (HIF) and will support the development of transport, wastewater and stormwater projects. Auckland Council regards […]

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500 social rentals to be build in Auckland

500 New Social Rentals For Auckland

Ted Manson, one of Auckland’s leading property developers is to build 500 social rentals as a part of his philanthropic activities. Ted Manson, who is the managing director of family-firm Mansons TCLM, revealed this ambitious project of his charitable foundation at a housing summit in Auckland. He says that his views on the need for […]

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floorex

Floor Preparation with Concrete

Concrete has become a major factor in the construction industry over the last one hundred years, it has also more recently become a product that can be a decorative part of any building. The recent building boom seen across Sydney and Auckland have made concrete a more versatile and valuable product than ever before. More […]

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Number of stolen-tools increases

Increasing number of Stolen Tools

Increasing number of stolen tools causes a problem for Auckland construction Auckland is experiencing a building boom right now. But with it comes a boom in the number of stolen tools from vans and building sites. “People are going around breaking and entering and stealing tools, they smashed and grabbed out of my van”, says […]

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christchurch

Half Christchurch Hotel Rooms Occupied

Only Half of The Hotel Rooms in Christchurch Are Presently Occupied With more tourists visiting central cities like Akaroa, Hanmer, Waipara, Tekapo and the ski fields, it has damaged the booking reservation among Christchurch hoteliers. With the opening of the 17-level redeveloped Crowne Plaza, Hospitality New Zealand’s Canterbury spokesman Peter Morrison said the record had […]

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Canterbury Build

Christchurch & Canterbury Build Recovering

Data Shows Christchurch & Canterbury Build is Recovering After Earthquakes After three major earthquakes over the past seven years, construction data showed that the Canterbury build and building activity in New Zealand’s greater Christchurch area is still strong despite the recent earthquakes, Greater Christchurch Regeneration Minister Nicky Wagner said. “Within this is the Canterbury Public Sector […]

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Christchurch Construction

$5m land remediation – Christchurch

$5m land remediation for Christchurch Metro Sports Facility Due to asbestos, hazardous material, liquefaction risk and other lands issues, a $5 million land remediation project will be carried out for the $300 million Metro Sports Facility. A rebuild agency boss has recently admitted that the land was “not exactly the best site” for a sports […]

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