Auckland Buyers to Fund Local Housing Development

New home buyer charges are set to address infrastructure issues that are hindering housing development. The government will be setting up Crown Infrastructure Partners to fund transport and water connections to new housing development areas. The company will be working with a starting budget of $600 million. According to Phil Goff, the funding will allow […]

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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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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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Build NZ

The Benefit of Green Buildings in Auckland

John Mauro, Auckland Council’s chief sustainability officer, has recently spoken about the benefits of green buildings in an interview with the New Zealand Herald. Studies from around the world found that tenants find green buildings to be more enticing, this, in turn, has allowed for higher rents and sale prices. Studies have shown that green […]

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Auckland Construction

Labour Shortage Expected To Increase by 4.7%

Labour Shortage Expected To Increase by 4.7% – Urgent Need for Labour in Auckland’s Construction Industry The Civil Contractors New Zealand (CCNZ) forecasts that the shortage of labour is expected to increase by 4.7 per cent, twice the national job growth rate by 2019. The national construction value is expected to peak at $37 billion […]

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new home new zealand

$750m spent on building 60,000 new homes

$750m spent on building 60,000 new homes Prime Minister Bill English announced that Auckland, Hamilton, Waikato, Tauranga and Queenstown will be granted $750m to solve the rising demand for housing. In addition, the fund also covers the expenses of building roads and water infrastructure for the residents within the cities. The 10-year interest-free loan is […]

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Unitary Plan given the green light

Auckland Council says it has completed an “historic” moment in planning and reached all its final decisions on the Unitary Plan. The council’s governing body finished four days of deliberation over the plan and will notify the public of its decisions this Friday. That will be followed by a 20 working day period during which […]

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