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Quarter acre dream all but over for Aucklanders

Auckland will face a large scale housing crisis within the next 15 years, according to a leading property analyst. Lisa Phillips, a director of Auckland-based company Erskine+Owen, says under the region’s current growth strategy, Auckland will be at capacity by 2026. For some pockets of Auckland, that capacity could be reached even sooner — in just seven years. Ms Phillips says over the next 20 years Auckland will grow by the entire population of Wellington, but to accommodate ev...
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Tenants taking up residence in new Britomart buildings

Tenants taking up residence in new Britomart buildings

The three newest buildings in the Britomart precinct are now complete and their occupants, including commercial anchor tenants and ground-floor retail tenants, have begun moving in. The three buildings include the Ernst & Young Building, the new home of Ernst & Young’s New Zealand head office, and the second element of Westpac on Takutai Square, Westpac New Zealand’s new head office complex. 2100 staff in residence All three organisations will have completed the transi...
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New Zealand wood processors could miss out on Japan rebuild opportunity

New Zealand wood processors run the risk of missing out on the massive amounts of processed wood likely to be required for Japan’s rebuilding, according to Wood Council of New Zealand chairman Doug Ducker. He says not only will the Japanese need to import large quantities of wood and wood by-products for reconstruction of northern Japan, but the quake and tsunami have also destroyed parts of Japan’s own wood processing industry and caused other plants to stop manufacturing. Mr ...
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Simplified system now in place for structural timber framing

A simpler system for structural timber framing which protects timber against decay and is time and cost effective has come into effect this month. This replaces the previous system, which can still be used until June 30, 2011, allowing a transition period for the industry. The key change is that there will be a single class of timber treatment, H1.2, for enclosed radiata pine and Douglas fir framing. Currently there are as many as four different classes of timber, including untreated timber,...
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$25m cement project underway in the Waitomo region

The Perry Group has confirmed its ambition of supplying a competitive cement option to the New Zealand market by announcing the continuation of the construction of a $25 million cement plant project in the Waitomo region. A significant advantage will be the plant’s ability to produce low-cost cement that is close to market. “The plant will be small, relative to other New Zealand plants, producing up to 80,000 tonnes per annum, but will be highly efficient,” according to Per...
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Pre-1992 buildings are not 'modern', earthquake engineers say

Buildings constructed before the New Zealand Building Act 1991 and consequential Building Regulations 1992, including the Loadings Code of Practice NZS 4203: 1992, should not be regarded as “modern”, according to the New Zealand Society for Earthquake Engineering. “The Pyne Gould and the CTV buildings which collapsed in the February 22, 2011 earthquake have been routinely referred to as ‘modern buildings’,” NZSEE executive officer Win Clark says. “Ho...
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New director for Jennian Homes

New director for Jennian Homes

Former Carters chief executive Stuart Munro is buying into Registered Master Builders Federation company Jennian Homes. This is a progressive buy-in, with Mr Munro expected to become a joint shareholder with Richard and Rebecca Carver over the next three to five years. “This is great timing for Stuart to be buying in as we are most certainly at the bottom of the market,” Mr Carver says. “Jennian Homes has big plans and a solid long-term strategy taking us way past 2020. We...
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Green Property Summit heralds next frontier for commercial property

Around 200 construction industry specialists gathered at the third Green Property Summit in Auckland last month to hear about market-leading green property initiatives from New Zealand, Australia and beyond. Anthony Malkin of Malkin Holdings, owner of New York’s iconic Empire State Building, set the tone for the day when he detailed the economic returns that prompted the company to undertake one of the world’s most ambitious energy-saving retrofits of a commercial building. New...
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'Plyscrapers' could become popular

Plyscrapers — high-rise wooden office towers — could become more popular after the Christchurch earthquake. Property Council chief executive Connal Townsend has returned from the Green Cities conference in Melbourne where he said an address was given on the prospect of wooden structures becoming more prevalent, partly in a drive to offset carbon dioxide emissions from concrete. Wooden structures have also been cited as standing up better during an earthquake. Most new houses are...
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