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What happened, and who moved.

Trade Me property data shows average asking prices have declined significantly from their summer highs, with Auckland and West Coast regions recording the largest drops.

A 50% interest stake in PwC Tower Auckland, valued at approximately NZ$600 million, has been acquired as part of a partnership establishment.

A major commercial property in Auckland's CBD is being offered for sale by court-appointed receivers, marketed jointly by Bayleys Real Estate and Knight Frank.