NZ Herald quarterly report

Today the NZ Herald published a 27 page  supplementary property report. Interestingly while it features most of the north island cities, there is no mention of Gisborne. Even Rotorua and Hastings are cited. I wonder why we are forgotten? However, at least QV have included us in their statistical report. Tomorrow I shall post a [...]

Leaky Homes in Gisborne

When you are looking to buy a house for sale in Gisborne, it is likely that you want to know whether or not it is a leaky home. Take heart, despite leaky homes being a national disaster, they are not a big concern in Gisborne. There have been very few properties in Gisborne that have [...]

Costly House Sale Dispute Continues

A high-profile legal scrap over the sale of a clifftop Auckland house is headed for the Supreme Court in an attempt to end a dispute which started four years ago. In 2004, the family trust of Mark Moncrieff Stevens and Deborah Ruth Stevens sold their house at 23D Beach Rd in Castor Bay to a [...]

Multiplex fund sheds value

One of New Zealand’s largest real estate funds has shed value. The Sydney-managed Multiplex New Zealand Property Fund owned property valued at $701.9 million in June but this week it declared that had now shrunk to $655.4 million. Leon Boyatzis, fund manager of Brookfield Multiplex in Australia, said a $21 million Wiri property had been [...]