Business

On Monday (May 20th) evening a packed Victoria rooms at Invercargill Civic Theatre hosted a public meeting held by Invercargill City Council to discuss the investment by ICC of up to $30 million ($20M + $10M contingency for any over runs) in the planned $180M redevelopment of the centre city block o

Opinion: The consent hearing period for HWCP’s inner-city redevelopment has just closed but there is still work to be done. It may seem like a time where we take a step back and wait for an outcome, but it is in fact the opposite. Like so many, the Chamber is waiting with anticipation to see […]

ILT plans to inject $7.5 million into its portfolio of commercial properties over the next 12 months. ILT board members recently approved the substantial capital and project maintenance budget for the 2019-2020 financial year. Chairman Alan Dennis said reinvesting in its existing businesses was a lo

Infrastructure investor Infratil is teaming up with a Canadian investment firm to buy the local operations of Vodafone for $3.4 billion. Vodafone’s British parent confirmed the sale to a consortium of Infratil and Brookfield Asset Management Photo: 123rf.com Vodafone’s British parent confirmed today

New Zealand’s iconic ice cream company has a new owner, after global ice cream company Froneri today purchased Tip Top from Fonterra for $380 million. Fonterra CEO Miles Hurrell confirmed the sale, saying it was a bittersweet moment for Fonterra. “Since we took ownership of Tip Top in 2001, a lot of

The Kmart development on Clyde street is taking shape with the two storey building almost covered in. Tenants confirmed so far include Muffin Break as previously reported by What’s On Invers back in 2017 here. Since then rumors of other national chain tenants have been mentioned, What’s On Invers ca

Natalie Skeggs and Hayden Arthur are set for a year living in PowerNet’s smart-tech house. PowerNet announced today that a mother and son were selected from a pool of applicants for the opportunity to live in an Invercargill house equipped with smart energy technologies. PowerNet GM of New Energy De

The ILT will no longer proceed with plans for an innovative container bar in Wachner Place. ILT chief executive Chris Ramsay said it was disappointing the concept would not become a reality for the city. “We have been trying to work through an easement issue that directly impacted where the containe