Fletcher Building's Ross Taylor on coronavirus crisis
"That goes with the territory - I don't look for sympathy" - Ross Taylor.
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Latest fromCommercial Property
Rent relief urgently needed or Auckland businesses will fail: Business Chamber
Confusion swirling in rent negotiations between businesses and commercial landlords.
Fletcher Building hits back at union claims
Company refutes union claims about how it's acting during the pandemic.
The Antipodean apartment buyers complain of settlement demand
"Purchasers can't even view the completed development" - The Antipodean buyer.
NZ's highest-paid boss takes $140,000 12-week pay cut
Union: "It shows a lack of respect for the workforce that keeps their company moving."
$9m Waiheke sale sets national record but owner gets shock
"I still haven't slept in it - but a tramp has," Barry Colman said of his new property.
FE Investments collapse: 'Too early' to say how much of $54.3m investors will get back
The receivers don't yet know how much money investors will get back.
Almost 10 per cent tenants stopped paying rent or left rentals: landlords
Hardship for renters and landlords expected to get worse, property investors say.
Reserve Bank told of FE Investments' imminent failure
The Reserve Bank recognises the financier's failure is "distressing".
'Unprecedented impact': SkyCity axes 200 jobs in NZ
200 jobs will go, salaries sliced, properties shut - SkyCity update
Union decries Fletcher cutting staff pay by up to 70%
"We are simply not able to continue to pay all our New Zealand people" - chief says.
NZ finance company in receivership, $53m in deposits on the line
Financier holding $53 million in term deposits.
How business is trying to survive the pandemic
This one key move might help many businesses stay afloat.
Coronavirus: Rent relief for struggling business in Government's sights
The Finance Minister says the Govt will have more details on business rent relief soon.
New post-pandemic infrastructure group to spark $10m-plus projects
Infrastructure projects of $10m-plus in the new group's orbit.
House-building approvals break 45-year record, coronavirus impact still unclear
But where to from here for house building?
'It's harder to get out': Sir John Key on the challenge in ending a lockdown
What happens after three weeks? Do we go back to level three or level two?
Over $1 billion in property deals on ice
Investors across the industry have been hit by the downturn.
Quarter of Kiwi hotelier's global properties shut
Around a quarter of the 120-property Swiss-Belhotel International chain are shut.
SkyCity cuts staff wages by 20%, plans redundancies
Unfair for wages and salaried staff to be treated differently, argues union.
Property pressure: Many large firms refusing to pay rent through crisis
The Government does need to step in, Property Council's Leonie Freeman says
Coronavirus: 128 cranes on big building sites stand idle
Contractors could suffer severe financial hardship.
Should commercial property tenants pay rent for premises they can't use?
What rent liability for tenants barred from entering premises?
How rich and famous live in the lockdown - enjoying homes usually only seen in the dark
"Stay home, save lives" - Harry Hart
Workers on Avatar film accuse landlord of coronavirus profiteering
Three film crew from Avatar's cancelled film set say landlord unfairly pocketed $20,000.
Free or cheaper Airbnb rentals offered to coronavirus medical workers
Airbnb wants to match medical workers tackling coronavirus with safe places to stay.
Metlifecare claims $1.49b takeover deal still on, even with termination rights
"APVG has termination rights" - Metlifecare on takeover deal.
Tenants found moving house during lockdown warned by police
There is confusion over whether tenants and house sellers and buyers can move homes.
Australians suddenly scrap $180m NZ property takeover
Centuria suddenly terminates Augusta takeover - NZX notice
Coronavirus rents: Thousands of Kiwi businesses might not have to pay
Businesses and commercial property owners need to check their leases to see who pays.
Landlords flooded with rent relief requests, tenants want Government help
Landlords and tenants urged to work together because both will need the other in downturn.
Working from home? Employer still has obligations to you
Employees checklist or audit of their new workplace suggested
Fletcher Building cancels dividend, buyback, guidance
Fletcher is the latest company to can its dividend.