Auckland stories - Page 12
NZ property values rise at fastest pace in 5 months in February, led by Auckland
Tue, 3rd Mar 2015
New Zealand residential property values rose at the fastest pace in five months in February, driven by strong demand in Auckland.
Precinct raises $73.6 million from instos in capital raising
Fri, 27th Feb 2015
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development
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fundraising
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institutional investors
Precinct Properties raises NZD $73.6 million from institutional investors, gearing up for its retail offer to fund major Auckland developments.
Fliway to raise up to $50 mln in first NZ IPO of the year
Thu, 26th Feb 2015
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supply chain & logistics
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capital
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ipo
Fliway Group, the transport and logistics group, will seek up to $50 million in New Zealand's first initial public offering of the year, with a sale e.
Intueri misses annual earnings forecast on New Zealand performance
Thu, 26th Feb 2015
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tax
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stock exchange
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shares
Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.
Souter Investments invests $12 million in double deck buses for Auckland
Wed, 18th Feb 2015
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auckland transport
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souter investments
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investment
Souter Investments, the global public transport company owned by Scottish transport entrepreneur Brian Souter, is investing $12 million in 15 new d.
NZ construction activity seen rebounding after slump
Tue, 17th Feb 2015
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edutech
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supply chain & logistics
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healthtech
New Zealand construction activity is rebounding from a slump during the recession as private sector work picks ups, according to a property consult.
SkyCity backs down, will stick to $402m convention centre budget
Sun, 15th Feb 2015
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skycity
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construction
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government funding
Casino and hoospitality operator SkyCity Entertainment will go back to the drawing board to design an international convention centre for Auckland.
MARKET CLOSE: NZ shares rise led by Fletcher ahead of earnings
Fri, 13th Feb 2015
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fintech
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financial systems
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healthtech
NZ shares surge, led by Fletcher Building, amidst investor optimism before the company's expected robust earnings reveal next week.
RESEND: CHH organises its way into new paper bag factory
Fri, 13th Feb 2015
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capital
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paper
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food
The new Japanese owners of the pulp and paper manufacturer arm of Carter Holt Harvey are to invest $30 million into an upgrade of the company's Pen.
NZ house sales rise 2.6% in January, median price dips from December
Wed, 11th Feb 2015
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property market
New Zealand residential property sales rose in January from the same month last year, while data confirmed house prices in Auckland continue to gal.
SkyCity's big spending plans may not deliver enough to earnings, investors say
Wed, 11th Feb 2015
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shares
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skycity
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spending
SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.
Sky City 1H profit falls 11% as Adelaide weighs
Wed, 11th Feb 2015
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skycity
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new zealand dollar
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investment
Sky City Entertainment Group, New Zealand's only listed casino company, posted an 11 percent decline in first-half profit as it got less benefit th.
NZ government names taskforce to slash property sector red tape
Tue, 10th Feb 2015
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physical security
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local government
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development
Paula Bennett, minister of local government, has appointed a rules reduction taskforce with the intent to slash regulatory red tape in the property.
Salt Funds emerges as one of the biggest holders of Methven with 7.8% stake
Mon, 9th Feb 2015
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shares
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fletcher building
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salt funds management
Salt Funds Management has cemented its position as a key player by acquiring a 7.8% share in Methven, betting on the company's growth.
Kiwi distie iData in liquidation
Mon, 9th Feb 2015
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storage
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hyperscale
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public cloud
Auckland-based distributor iData Resolutions has been put into liquidation, with Dennis Clifford Parsons appointed as liquidator on 21 January.
Auckland January house prices slip from December's record in holiday lull
Wed, 4th Feb 2015
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migration
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property market
Auckland house prices edged lower in January from record levels the previous month as sales volumes steadied during the summer holiday period, acco.
NZ dollar jumps almost 2 US cents after whole milk powder prices rise in GDT auction
Wed, 4th Feb 2015
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fonterra
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statistics nz
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new zealand dollar
The New Zealand dollar surged nearly 2 US cents after whole milk powder prices jumped 19.2% at the GDT auction, boosting Fonterra’s payout forecasts.
SkyCity cut to 'sell' by Craigs, citing lack of return and high risk
Tue, 3rd Feb 2015
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shares
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skycity
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investment
SkyCity Entertainment Group was downgraded to 'sell' from 'hold' by Craigs Investment Partners, reflecting that the brokerage doesn't expect shares.
NZ property value annual growth accelerates in January
Tue, 3rd Feb 2015
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inflation
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property market
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demand
New Zealand's residential property values grew at a faster annual pace in January as a shortage of houses for sale in Auckland continued to fan the.
Kiwi wearable company takes on the world, starting in Germany
Wed, 21st Jan 2015
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wearables
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physical security
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healthtech
StretchSense, an Auckland wearable tech firm, is a finalist in the WT Innovation World Cup, showcasing in Munich with new tech aiming at multiple sectors.