Monthly Archives: February 2010

Opportunity goes begging

As reported last month the portfolio continues to be stretched. Occupancy is at a record high for this time of the year placing upward pressure on rents. At the same time the sales team advise that there is a distinct lack of investors buying at the moment despite some well priced properties with terrific yields [...]

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Property Tax Not As Bad as Feared

John Key stuck to his word in today’s “Statement to Parliament” sketching out the direction he intends to take the Government this year. Property investors were keenly anticipating the speech to illuminate changes which would be contained in the budget regarding residential investment property. While, he left it for the budget to contain the details [...]

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