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The number of commercial and industrial property sales was subdued in 2023, as both vendors and purchasers adopted a cautious approach after a record-breaking couple of years. Uncertainty regarding the level at which interest rates would peak, given the inflationary backdrop, and concerns about a cooling economy, all weighed upon
The election of the coalition government in late 2023, together with proposed District Plan changes relating to medium density housing in both Napier and Hastings, has created an environment of uncertainty for urban development in the Hawke’s Bay region which may continue for the next 12-18 months. At the central
New Zealand business leaders and owners are encountering a variety of challenges in the current market, from economic pressures and financial concerns though to workload issues. Unfortunately, business leaders are now feeling more negative than ever when it comes to their business performance – so what can they do to
Rockit Global Limited Chairman John Loughlin has announced that Chief Executive Officer, Mark O’Donnell has decided to retire from 31 March 2025. An international search will commence to find a replacement. The timing allows for the search and good handover to a successor, to be completed around the 2025 harvest
Let’s be honest, insurance premiums are going up and for many businesses and homeowners already feeling the pinch it is not easy to absorb the cost. If you have your insurance direct with insurers, do you have the time to be going around the traps and getting quotes? Not only
Local lines company Unison Networks is partnering with the Faraday Museum of Technology this month to celebrate 100 years of powering communities. Founded on 19 June 1924 as the Hawke’s Bay Electric Power Board, Unison has grown from a small lines company in Hawke’s Bay to a global group of
Award winning New Zealand tech innovator, Fingermark, has secured a cornerstone investment from global water, hygiene and infection prevention leader, Ecolab. This investment includes a multimillion dollar capital injection that will support Fingermark’s rapidly rising global growth trajectory. Luke Irving, Founder and Chief Executive of Fingermark, hailed the deal as
More households and businesses are capturing the rays from the sun as a way to reduce electricity costs and ensure continuity of power during a short or extended outage. Freeenergy Solar Solutions owner Aaron Duncan says todays customers are more educated on the benefits of solar than when he became
Housing is one of the biggest discussion topics in Hawke’s Bay. Housing supply, urban intensification, expansion on to primary productive land, resource and building consent timelines and success, fast tracking government consents, 30 year land supply, houses vs building communities are usual parts of the conversation by planners, councils, developers,
In 20 short years, Hawke’s Bay’s leading construction firm has etched out an enviable list of prominent construction projects across Napier, Hastings and beyond. In typical Gemco fashion, the company celebrated the 20 year milestone with 500 people including staff, family, clients and friends with Gemfest, headlined by top New
