Construction of a $9m shopping centre in New Zealand at Frankton’s Remarkables Park Town Centre will begin in two weeks, with completion of stage one scheduled for later this year. Diversified NZ Property Fund’s retail building will be built at the northeast corner of the park opposite New World supermarket and next to Hawthorne Dr. Retail manager Roy Stansfield said leasing of stage one of the 1400sq m retail building was “well advanced”. Confirmed retailers included Whitcoulls, The Coffee Club, Kapa Gallery and Canterbury of New Zealand.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time? If not, which is one is true? HousingWire Columnist Logan Mohtashami takes a deeper dive.
While rent prices are going up, the latest 3% year-over-year increase marks the slowest pace in 18 months, according to a new report from RentCafe.