Asset Management stories
The 25-year-old Porirua mall will keep its on-site staff after a AUD $100 million sale, easing concern for retailers and shoppers.
Hidden corrosion under insulation is costing industry billions, with hundreds of failures each year and major risks to pressured pipes and vessels.
The upgrades will help preserve specialist skills needed to maintain New Zealand’s high-voltage grid and support local economies.
Corrosion is costing Australia A$8 billion a year in avoidable bridge and concrete damage, with traffic and salt speeds worsening wear.
Entries close on 30 April for awards that give infrastructure projects global exposure and a chance to be showcased in London.
First-time local backing highlights appetite among New Zealand institutions for low-volatility assets with stable long-term returns and ESG appeal.
A 39% jump in half-year operating surplus shows freight and passenger demand held up, even as earthquake and weather disruptions hit services.
A new camera on jetting hoses will help Waikato District Council inspect 40 kilometres of wastewater pipes this year more quickly and cheaply.
Investors can buy into four North Island warehouses leased back to Provida, with the scheme targeting a projected 8 per cent annual return.
Fuel shortages could be eased by better storage and contingency planning after the Marsden to Wiri rupture, Infrastructure New Zealand says.
New Zealand projects claimed three prizes as the inaugural IPWEA Australasia awards recognised public works judged best across the region.
A specialist procurement body could unlock up to NZD $12 billion in extra value from New Zealand’s $125 billion infrastructure programme.
Corrosion is estimated to cost New Zealand more than GBP £10 billion a year, prompting the ACA to run specialist courses in Auckland and New Plymouth.
Industry professionals will hear how AI, robotics and the Internet of Things could reshape buildings, facilities and urban spaces at an Auckland expo.
The win highlights growing recognition for complex infrastructure, with the Auckland project praised as New Zealand’s most difficult yet to deliver.
Councils across Australia and New Zealand could cut street-light bills by USD $120 million a year as new specs ease LED procurement.
Residents on a no-exit road were reconnected within 20 hours after the Waikato District Alliance speeded up emergency roading responses.
Nearly 60 per cent of industry respondents say current systems need major changes as electric cars and prosumers reshape demand.
Shoppers in West Auckland will see new signage within days as the former WestCity centre adopts a new name and branding.
It boosts Siemens’ predictive maintenance push, as the deal with MRX Technologies aims to cut rail delays and lift asset availability.
