Latest Property Related News

Less spectacular revaluation gains were partly responsible for pushing Oceania Healthcare's bottom-line profit down 29 per cent but the retirement village business made far higher operating revenue.The $85.7 million net profit after...

Ryman Healthcare's profit shot up 64 per cent after big revaluation gains and the business announced $205 million plans for Rolleston and a new $350m Melbourne village.The biggest listed retirement village owner and operator on...

Falling revaluations and rent, rising expenses, an empty office building and a rising tax bill pushed the Asset Plus full-year profit down by 81 per cent.Net profit after tax fell from $15.95 million in the full year to March 31,...

KEY POINTS: • First-home grant house price caps jump, by as much as $275,000. • Covid industry support package modified to fund affordable housing. For aspiring first-home buyers, price and income caps will now be...

Rising demand for warehouses and logistics centres and strong revaluations drove listed landlord Goodman Property Trust's net after-tax profit for the past year up 18 per cent, to $748.6 million.The business, with $4.8b of real...

Multibillion-dollar diversified landlord Argosy Property's net profit dropped marginally by 5 per cent annually mainly because of net property income falling and expenses rising.Last year's $248.4 million net profit after tax fell...

The Government is considering sanctioning Russian billionaire oligarch Alexander Abramov - who has been linked to Putin - but has to work through how it will affect New Zealanders, Foreign Minister Nanaia Mahuta says. Abramov is...