November 29 2011
Colliers International is today launching the Colliers Corporate Team Off-Road Triathlon, a new annual event which will raise funds for Cure Kids. As the event’s principal sponsor, Colliers International is partnering with The New Zealand Herald, Todd Property Group and Geon to facilitate an exciting off-road corporate team race. The inaugural event will be held on March 4 2012 in the spectacular surroundings of Long Bay, North Shore.
November 23 2011
Two heritage office buildings in the Chews Lane precinct on Victoria Street, Wellington have been sold to a Wellington-based family trust through Colliers International and Paul Hastings & Co.
November 4 2011
One of Wellington’s most prominent waterfront office buildings, the 16-storey ASB Bank Tower at 2 Hunter Street, has come up for sale.
What should the local property market make of all the economic volatility and growth downgrades overseas? To a basic non-economist it means confidence will falter once again, and debt will become harder to find, not helped by New Zealand’s change of credit rating. The effect of that is not just on the property supply (ie development/investment) side of the equation but also on the demand side. Businesses holding back on investment and hiring decisions are less likely to want to move to new premises. Every participant will need more equity to make things happen.
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