Property management stories
Buyers and sellers are returning to the market as September sales rose 5.1% year-on-year and homes sold in fewer days, REINZ said.
Desperate tenants are now offering above asking rents as migration and storm damage squeeze Auckland's inner-city housing supply.
Higher costs are pushing home ownership further out of reach, as New Zealand buyers favour central, higher-quality housing and amenity.
Flood-hit homes must be dried and cleaned quickly, as damp carpet, insulation and leaks can fuel mould and health risks within days.
Projects risk missing tenants and returns unless developers align design and operations from the outset, a UKO co-founder says.
Desirable school zones are propping up prices and fuelling buyer demand as families hunt for homes with stronger future resale prospects.
A third of the 400 apartments are already occupied as the 59-level Southbank tower opens, signalling stronger demand for rental stock in Melbourne.
Covid-19 has pushed digital adoption in New Zealand property, though six in ten firms still rely on spreadsheets to track portfolios.
Housing pressure is driving New Zealand's first large-scale build-to-rent scheme, with 295 apartments planned for Sylvia Park in Auckland.
The franchise's headquarters will move to Manawatu after Tim Kearins bought Derryn Mayne's 25% stake in Century 21 New Zealand.
Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.
Older buildings could lock in high emissions unless retrofits and digital twins cut energy demand before 2050.
New qualifications could ease a shortage of facilities managers, after employers said they struggle to find local candidates.
Tenants will gain stronger eviction protections and annual rent caps, but landlords warn the new law could shrink supply and lift rents.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
Easing loan-to-value rules is only part of the fix, with commercial landlords warning wider support is needed to prevent a deeper downturn.
Landlords face stricter eviction rules during the lockdown, as tenants must be 60 days in arrears before Tribunal action can begin.
Commercial landlords could face rent relief claims as lockdowns trigger emergency no access clauses in many New Zealand leases.
Tenants face a temporary freeze on rent rises and evictions as New Zealand's four-week COVID-19 lockdown halts viewings and house moves.
Early input from facilities managers could cut costs and improve new buildings' long-term quality, according to a BRANZ report.
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