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$4.4b City Rail Link needs extra $6.7b to upgrade wider network

Auckland's $4.4 billion City Rail Link is on track to open in 2024, but needs an extra $6.7b to upgrade the wider network to reach its full potential.
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City Rail Link works to close off major Auckland intersection

Disruption is unavoidable, project head says, as a central city intersection gears up to close for two years. ....

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Experts assess how real estate looks after COVID

Despite a year of increasing office vacancy rates due to remote work, real estate experts are optimistic about growth in this market and in others that were able to weather the pandemic.
The real estate outlook is improving, with new leasing activity on the rise, potential tenants demanding spec suites and people continuing to purchase new homes. Experts discussed current real estate market conditions and outlook during a virtual panel held by the Minnesota Dakotas Chapter CCIM on Tuesday.
The vacancy rate in the Twin Cities office market was 21.5% last quarter a figure that’s widely expected to increase as companies continue adopting remote work policies as well as subleasing and shedding space, said Katie Tufford, a senior director and broker with Cushman & Wakefield. ....

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Privately-owned Banksy art exhibition hits London

Over 90 of the street artist s works - including originals and prints - have gone on display in a 12,000 square foot underground space in Covent Garden. ....

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Andre Drummond Gets a Chance to Start Over

The Lakers’ polarizing center is best known for putting up gaudy numbers on bad teams. Can the 27-year-old change his image while doing less on a good one? "I owed it to myself to be part of something bigger than me." ....

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