
Liam Dann: Bold developers key to our cities
The collapse of Mainzeal has people worrying about who will construct the residential and commercial buildings required for Christchurch, writes Liam Dann.
The collapse of Mainzeal has people worrying about who will construct the residential and commercial buildings required for Christchurch, writes Liam Dann.
The screech and hammer of tools returned to a Mainzeal construction site yesterday - but only as subcontractors were finally allowed to remove their equipment.
New Zealand's commercial construction sector has been nailed into the ground by the recession, industry chiefs say, and Mainzeal Property and Construction's receivership came after a string of others.
The collapse of Mainzeal Property and Construction will cost Auckland ratepayers millions to settle a leaky-building claim.
Giving building owners 10 years to strengthen earthquake-prone buildings would amount to an "execution order" for many heritage buildings, says the Auckland Council.
One of New Zealand's largest mechanical engineering firms has expanded its presence in the mining equipment sector through its acquisition of a North Island manufacturer.
The entrance of a European building products giant into the Christchurch rebuild market will increase competition in the industry.
The building sector has taken off and Canterbury earthquake repairs are one of its biggest drivers.
New Zealand's house building activity shrank in the first three months of the year as most new work was largely in non-residential construction.