A property wave looms as ANZ reports a surge in lending, Housing Minister Phil Twyford announces a new agency, and a supplies co-operative launches nationwide to shave thousands of dollars off the cost of a home.
Increasing demand for services is putting pressure on talent acquisition, with construction companies turning to technology to forecast hiring, manage costs, and grow revenue.
NZX-listed landlord Precinct Properties plans to bring global hotel brand InterContinental to Auckland in a $298 million expansion of its now-$1 billion Commercial Bay city's waterfront project.
Auckland will have a "very altered skyline" in the near future as billions of dollars worth of construction materialises in the form of striking new skyscrapers.
SkyCity Entertainment Group has released new images of how its $703 million NZ International Convention Centre might look once that project is finished.
New Zealand green building leaders are calling for urgent action on building efficiency, following new analysis that has revealed the built environment is responsible for about 20 per cent of all national greenhouse gas emissions, a figure up to 10 times previous estimates.
Fletcher Building's intention to exit the 'vertical construction' sector leaves a gap in the market for large-scale commercial and government projects and is pushing up building costs, according to a report on industry trends.
Up to 4000 new homes will be built at a major new development on land at Unitec's Mt Albert campus in Auckland, the Housing Minister has announced.
New Zealand construction activity is expected to remain strong in coming years even as population growth slows, as the sector plays catch up after record levels of tourism and migration, according to a property consultancy.