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BRKZ secures USD $17 million to enhance Saudi expansion
Supply Chain

BRKZ secures USD $17 million to enhance Saudi expansion

BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.

By Melania Watson • 4 min read • Tue, 11th Feb 2025

Stories from Other Regions

Property Market stories

Tariffs add to uncertainty for borrowers
Risk & Compliance

Tariffs add to uncertainty for borrowers

Borrowers face a slower economic recovery, with the Reserve Bank signalling room for further OCR cuts as tariff uncertainty clouds mortgage rates.

By Michael Curreen • 2 min read • Wed, 9th Apr 2025
Housing market remains stagnant for now
Property Market

Housing market remains stagnant for now

Buyers still face a subdued market as national asking prices stay below last year’s levels, even with more homes listed for sale.

By Michael Curreen • 4 min read • Tue, 1st Apr 2025
Why the property market lacked its summer sizzle
Bank of New Zealand

Why the property market lacked its summer sizzle

Falling interest rates have yet to shake New Zealand’s housing market out of its summer lull, with values up just 0.5% in three months.

By Michael Curreen • 11 min read • Wed, 12th Mar 2025
More houses for sale now than in the last decade
Property Market

More houses for sale now than in the last decade

Buyers now have more negotiating power as national housing stock tops 35,000, even though new listings came in below expectations in February.

By Michael Curreen • 3 min read • Mon, 3rd Mar 2025
Domestic Real Estate
Property Market

Domestic Real Estate

National average asking prices rose 60.3% in 10 years, but Auckland lagged as regional New Zealand drove most of the gains.

By Staff Writer • 2 min read • Wed, 12th Feb 2025
Inclusiveness in an AI driven city
Smart Cities

Inclusiveness in an AI driven city

Auckland and Wellington are among Asia-Pacific’s most inclusive cities, with social equity seen as a driver of talent, growth and investment.

By Staff Writer • 6 min read • Wed, 12th Feb 2025
Changing market conditions present opportunity
Hybrid & Remote Work

Changing market conditions present opportunity

Lower borrowing costs and expiring term deposits could lift demand for commercial and residential property as investors hunt better returns.

By Michael Curreen • 3 min read • Thu, 6th Feb 2025
Bridgit broadens team with five new appointment additions
Property Market

Bridgit broadens team with five new appointment additions

Non-bank lender Bridgit has expanded its distribution team with the appointment of five Business Development Managers to meet rising business demand.

By Imee Dequito • 2 min read • Wed, 5th Feb 2025
REINZ releases final figures for 2024
Northland

REINZ releases final figures for 2024

New Zealand’s housing market finished 2024 quietly, with sales, prices and listings all showing mixed shifts as inventory stayed elevated.

By Michael Curreen • 6 min read • Tue, 21st Jan 2025
A better year ahead for housing construction
GFC

A better year ahead for housing construction

Slower construction inflation should ease pressure on would-be buyers, with CoreLogic saying house-building costs rose just 1.1% over the past year.

By Michael Curreen • 3 min read • Tue, 14th Jan 2025
Home value decline in December sums up 2024
Public Sector

Home value decline in December sums up 2024

House prices are still 17.6% below their post-Covid peak, with weak Auckland and Wellington values weighing on 2025 prospects.

By Staff Writer • 5 min read • Wed, 8th Jan 2025
What more OCR cuts mean for property
Bank of New Zealand

What more OCR cuts mean for property

Mortgage holders may get further relief early next year, but house prices are likely to rise only modestly as listings and unemployment stay high.

By Staff Writer • 2 min read • Fri, 29th Nov 2024
Spring brings surge in sales
Northland

Spring brings surge in sales

Falling interest rates and higher inventory are drawing more buyers back, with October sales up 20% nationally, REINZ says.

By Michael Curreen • 5 min read • Sun, 17th Nov 2024
Commercial sentiment rises following OCR cuts
GFC

Commercial sentiment rises following OCR cuts

Lower interest rates are reviving property investor confidence, with national sentiment turning positive after the Reserve Bank’s OCR cuts.

By Michael Curreen • 3 min read • Tue, 5th Nov 2024
Homes sitting empty amid housing shortage
Housing

Homes sitting empty amid housing shortage

Tauranga’s housing squeeze is worsened by 2,142 empty homes, though the mayor says filling them beats building anew.

By Michael Curreen • 4 min read • Thu, 17th Oct 2024
Trends in the Christchurch industrial real estate market
Small Business

Trends in the Christchurch industrial real estate market

Low vacancy and scarce small units are pushing Christchurch industrial rents higher, while slower demand for large sheds is creating rare sub-lease opportunities.

By Staff Writer • 5 min read • Mon, 14th Oct 2024
How the market is responding to OCR cuts
Bank of New Zealand

How the market is responding to OCR cuts

House values fell again in September, with lower rates yet to lift prices and mortgage stress still a risk for borrowers.

By Michael Curreen • 10 min read • Wed, 9th Oct 2024