JLL has released their Q2 2018 Vertical Vacancy Review looking at prime office vacancy on a building by building, floor by floor basis across the Auckland, Wellington and Christchurch markets. The report covers over 70 of the best office buildings in New Zealand's main centres.
Wellington's traffic congestion is getting worse and the morning rush period is becoming longer as commuters try to beat the gridlock.
The company that brought in 100 migrant workers to help tackle a major infrastructure project is not taking the easy way out, an immigration lawyer says.
A photo exhibition celebrating Kiwi women who are building careers in the construction industry launches tomorrow.
The event is being organised by the National Association of Women in Construction (NAWIC), whose main goal is to be the leading voice for women in the construction industry.
Apartment developer Gary Groves works in a sector picked to be New Zealand's top performer in the year ahead, forecast to grow by 9.2 per cent. The multi-unit apartment and townhouse construction industry is forecast to grow to $1.42b in the 2017/18 financial year, up from $1.3 billion.
Auckland Transport cannot say what proportion of workers required to build the City Rail Link will have to be migrants.
Up to 1600 people will be needed to build the railway when construction peaks, the Government has estimated. But the construction industry is already struggling to find enough workers to keep up with existing demands.
Opportunity exists for a third big construction company to rival Fletcher Building and Hawkins, according to players in the industry.
Construction, seen as a lagger when it comes to innovation, needs to work to find what will be the Uber of its industry otherwise it could face some pain in the next few years.
Sir Peter Jackson has doubled what he intends to spend on Wellington's proposed movie museum, but the time he is taking to finalise his plans has delayed its construction.
The value of New Zealand residential building work rose by a slower pace in the December quarter, hampered by capacity constraints, with skilled construction workers in high demand.