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Propbd
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I’m Bob Dey, director of Bob Dey Publishing Ltd, which established The Bob Dey Property Report at the end of 1999
I’m Bob Dey, director of Bob Dey Publishing Ltd, which established The Bob Dey Property Report at the end of 1999

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The softening in property markets has been evidenced by 2 sales, one in New Lynn passed in at auction in April and sold 4 months later for the same figure, the other a Mt Roskill property with a mix of uses.

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High Court judge Ailsa Duffy has brought to an end an episode in the scrap over the secretively funded & heavily over cost Mangawhai Ecocare sewerage scheme.

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A sharp drop in leasing of new top-grade industrial property in Auckland represents a short-term timing issue, not a cooling market, CBRE Research senior director Zoltan Moricz says in the consultancy’s latest market outlook. Caption:

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Precinct Properties NZ Ltd lifted its net profit after tax by 17.3% in the June year. The commercial property investor now has a large development portfolio and it’s expecting to make a $150 million notes issue this month as the first stage in…

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Readymix concrete production was over 1 million m³ again in the June quarter, after the customary March quarter dip.

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One of the 3 apartments auctioned at Barfoot & Thompson today, and one of the 3 eastern suburbs cross-leased units auctioned yesterday, were sold under the hammer.

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2 apartments in the Cintra & Altitude buildings were sold and 2 passed in at Ray White City Apartments’ auction today.

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2 of the 3 commercial properties auctioned at Bayleys yesterday were sold under the hammer. The other, an Avondale development site (pictured), was passed in at $5.3 million. Both apartments & a cross-leased Grey Lynn home in the auction were passed in.

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After an hour of a media briefing on Fletcher Building Ltd’s slashed annual profit yesterday, group chair Sir Ralph Norris thought it was time to move on.

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Fletcher Building Ltd still came out ahead in the year to June despite a $292 million loss by its construction division.
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