Investors stories
Vacancy rates are easing, but the shift to prime offices and hybrid work will keep reshaping property demand well beyond 2022.
Rising rates and tighter lending rules are likely to cool demand, with CoreLogic warning some fixed-rate borrowers could soon see repayments double.
Online property traffic is staying strong during New Zealand's Level 4 lockdown, as buyers browse listings and sellers turn to virtual appraisals.
Sales fell by more than 2,500 from March as investors and first-time buyers took a wait-and-see approach to tighter lending rules.
New Zealand’s housing boom lifted values in almost every main centre, with Auckland now boasting 117 suburbs above the NZD $1 million mark.
Record-low rates have lifted first home buyers to a 25% market share, but reimposed lending curbs could force many out again.
House prices in major cities have held firm through the downturn, though UBS warns falling rents and weaker incomes could trigger a correction.
Tighter lending criteria and renewed virus restrictions are likely to cool mortgage demand after July’s NZD $6.6 billion peak.
New Zealand house prices climbed to a record high in April even as lockdown froze the market and sales volumes plunged 78.5%.
New Zealand commercial rents and capital values are expected to keep falling as occupiers and investors stay cautious amid coronavirus uncertainty.
Construction firms now have detailed COVID-19 rules to resume work under Alert Level 3, aiming to protect workers and avoid a return to lockdown.
Economic worries are deepening as COVID-19 threatens recession, job losses and delayed launches across New Zealand's fintech sector.
Tight housing supply and surging demand are pushing Dunedin values up 17% a year, with buyers still outpacing new listings.
SmartBear promotes Shital Whitmore to CFO, while Bryce Chicoyne becomes COO. SmartBear has tripled revenue and EBITDA and completed seven acquisitions.
Cushman & Wakefield appoints Vivek Dahiya as Head of Data Centre Advisory Team, Asia Pacific. Congratulations!.
Global logistics company GLP appoints Jennifer Weitzel as president of their data center business to expand globally and support digital transformation.
Pentera's Head of Finance, Shiran Bar-Lev, played a key role in building the company's finance department and securing previous funding rounds.
Greg Dorban has moved from Marketing VP to CEO, taking over from Founder Mark Stephens at Smart Recruit Online. #jobmove.
Main Sequence, an investment firm, has appointed Amandeep Hansra as its newest Principal to accelerate its investment focus areas.
Anna Turvoll appointed as VP of Investor Relations at Pathzero, responsible for creating strategy and partnerships in the decarbonisation tech space.