Property management and investment company Stride has posted a lower net profit, with slower growth in the value of its portfolio.
The company that owns Courtenay Central in Wellington says it has big plans for redeveloping the complex - which is closed due to earthquake risks.
The first stage of the AMP Capital and Fisher Funds owned Bayfair Shopping Centre’s $115 million development was launched in December 2018, and now its new alfresco dining precinct is on track to launch at the end of this month.
The construction team working on new furniture and homewares concept store Nido has dug up a significant cache of swamp kauri. The kauri will be donated to local Maori carvers and their students at Te Wānanga o Aotearoa Mangere.
East Auckland shopping centre Botany Town Centre launched the first stage of a $78 million revamp that’s expected to wrap up by the end of this year.