Recent Posts

Callaghan Innovation board put in place ahead of opening

The government has recruited Navman founder Sir Peter Maire and Wynyard Group chief executive Craig Richardson to the board of its new high tech “one-stop-shop”, and put a woman in charge. New Zealand Trade and Enterprise director Robin Hapi and Professor Peter Hunter from Auckland University are also new appointments to the board of Callaghan Innovation ahead of its opening …

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DNZ Property Fund increases occupancy rate to 99.2 percent

DNZ Property Fund has increased the occupancy rate in its portfolio of 47 buildings to 99.2 percent. The owner of one of New Zealand’s largest portfolios of investment property said 37 transactions during the three months ended December had greatly reduced its lease expiry risk going forward. The occupancy rate of 99.2 percent as at December 31, 2012 was up …

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NZ dollar starts the week quietly due to holiday weekends

New Zealand dollar trading got off to a slow start on Monday due to the regional holiday in Wellington and Martin Luther King holiday weekend in the US. The kiwi was at 83.69 US cents at 8am, little changed from 83.54 cents at 5pm on Friday. It fell on Friday after weaker-than-expected December quarter consumers price index data implied interest …

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