News
Apartment failures mean investing care needed

Thursday 13th of October 2016
Reports that the Flo Apartments development in Avondale, which was touted as being an affordable purchasing option, had been shelved came first.
This was followed quickly by an announcement from Colliers International that 35 multi-residential developments in Auckland have been cancelled over the last year.
A tightening up of bank lending and rising construction costs were cited...
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