Liquidators' report out on failed $80m Wellington builder
$17.6m liabilities but just $8.9m in assets and 320 unsecured creditors.
$17.6m liabilities but just $8.9m in assets and 320 unsecured creditors.
Construction of the 82-unit development is due to be finished in early 2024.
Windows are estimated to be responsible for 35-50 per cent of winter heat loss.
PlaceMakers said that no Pink Batts were being distributed from their factory this week.
"The liquidators/developer will need to negotiate with the existing subbies" - Herd
Four regions had record numbers of new homes consented, Stats NZ said.
Recruiters are actively looking to coax Kiwis across the ditch.
Plans could take 15 to 20 years to be completed
"It's a reflection of the unstable market. Everyone is busy," says one sector leader.
Winton Land has 1500 of 5000 homes consented: plans will proceed on smaller scale.
"We hope that the previous owners got some relief from our purchase" - Creemers
Where five state homes once stood, now 18 state apartments are on the Avondale site.
Homes, apartments, offices, medical centre, childcare, gym, cinema among hub's elements.
Directors understood to have engaged counsel, strenuous defence expected.
Fire, structural, weathertightness and internal moisture defects are alleged.
Three years after the massive fire, work is about to start rebuilding the roof.
The three-pronged attack aimed at solving the drastic Gib plasterboard shortage.
"Aspects of the tower design have been heavily influenced by local Māori iwi" - report.
The trust is vowing to take 'any action we need to' in opposing a proposal for a headland.
"The industry as a whole benefits from this type of market regulation," Mark Francis says.
Liquidators can't say when they will finish the work.
Plumbers will definitely run out of some products, market warned.
Board was equally divided so chair used his casting vote to carry the deal.
Construction of new development to be phased in seven stages, taking more than a decade.
Offer comes amid FMA scrutiny of wholesale investment schemes
"...so much money to give away. We just can't give [it] away quick enough." - Manson.
'I really feel I've made a turning point in my career. I'm proud of the work' - Max Key.
Cultural values assessment from an iwi perspective means some matters are unresolved.
When it comes to the property sector, inflation varies from low to eye-watering
How can developers successfully engage with iwi?