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Last Modified: Tue, 09 Mar 2010 04:00 p.m.


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Plea to delay Dubai repayments
DUBAI - Dubai World, the state-owned holding company in talks to renegotiate about US$26 billion ($37 billion) of debt, will ask banks for permission to delay loan repayments when it presents a plan to creditors this month, said three...

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Published: Wed, 10 Mar 2010 05:00 a.m.
No more ground rent for owners
Land at one of New Zealand's largest high-density housing estates has been converted from leasehold to freehold title.Beaumont Partners, directed by Auckland developer Nigel McKenna, has sold land at the 258-unit Beaumont Quarter...

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Published: Wed, 10 Mar 2010 05:00 a.m.
Work starts on Bacchus leak problems
Teak Construction is working on the leaky 51-unit Bacchus apartments and retail block on the North Shore.The luxury $6 million Browns Bay block, not far from the waterfront, suffered extensive problems after Multiplex Constructions...

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Published: Wed, 10 Mar 2010 05:00 a.m.
Questions hover over $160m ASB block
The planned $160 million ASB headquarters should be a good deal for its developer and landlord but there are some concerns, an analyst says.Jason Lindsay, research analyst at Credit Suisse, said the $1.8 billion Kiwi Income Property...

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Published: Wed, 10 Mar 2010 05:00 a.m.
Experts scoff at claims of crisis in rent market
An Auckland property manager is warning of a looming rental housing crisis - but his claim has been rejected by market watchers.Wayne Boberg of property management business Bobergs First National tracks the rental and houses for-sale...

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Published: Wed, 10 Mar 2010 05:00 a.m.
Toughest sell starts at home
The hardest part of the process of selling your home is letting go. Once you have done that, the rolling-up-your-sleeves process is just a list of tasks. You can do this two ways: 1. Hold on to your house as your own precious...

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Published: Tue, 09 Mar 2010 05:00 a.m.
Property values steadily increase then level out
Property values have levelled out in most parts of the country in the past few months, and the national average is up from last year, the latest QV index shows.Results from the QV residential property indices released yesterday...

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Published: Mon, 08 Mar 2010 05:00 a.m.
Low supply fuels wild ride in 2009
If 2008 was the year many New Zealand homeowners discovered they shouldn't believe the fairy tales of ever-increasing values, 2009 found them peering out of the bunker and questioning that new-found wisdom.The year was surprisingly...

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Published: Mon, 08 Mar 2010 05:00 a.m.
Worlds collide in extreme sales
In Auckland, you'll need $40,000 or so as a deposit to scrape into some suburbs at entry level. In Murupara, the same cheque will buy you the whole house.The run-down timber town in the central North Island - less than an hour's...

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Published: Mon, 08 Mar 2010 05:00 a.m.
Top of the plots
Eat your heart out, Remuera. The tree-lined streets of Auckland's most noted, refined suburb - home to the city's moneyed for generation upon generation - have, for the moment, taken a back seat to three property-league upstarts.Herne...

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Published: Mon, 08 Mar 2010 05:00 a.m.
 
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