DNZ Property Fund, with $671 million of investment real estate, will issue new shares on Monday and has applied to list on NZX. Tim Storey, chairman of the business which trades on Unlisted, said it registered its offer with the...
Read more »

Troubled Allied Farmers has confirmed the unconditional sale of the Five Mile project in Queenstown, but the buyer remains a mystery.In an announcement to the Stock Exchange this morning Allied Farmers managing director Rob Alloway...
Read more »

Queensland theme park operators are being tipped as possible bidders for Auckland's Rainbow's End.Stephen Hamilton, a director of hotel, tourism and leisure consultants Horwath HTL in Auckland, said Gold Coast park operators could...
Read more »

Premium health and fitness brand, BodyTech, is to relocate its flagship Mt Eden gym 200 metres away from its existing Normanby Rd site to Neil Properties' new building at 8 Nugent St, Mt Eden.The new "super gym" facility, to be...
Read more »

Allied Farmers has confirmed an unconditional sale of the 23.3ha Five Mile property near Queenstown, which it took over as part of the purchase of Hanover Finance late last year. Managing director Rob Alloway said the buyer did...
Read more »

Rural property prices could fall a further 10 per cent in the next year, as sellers are forced to drop their asking prices to meet buyer expectation.Latest REINZ figures show the rural property sector remains subdued, with flat...
Read more »