Fletcher Building calls in the consultants as chairman quits
Leaked letters reveal attempts to assuage shareholder concerns with one-on-one meetings.
AdvertisementAdvertise with NZME.
Latest fromConstruction
'Visionary shaking up architecture worldwide': Jasmax architect Elisapeta Heta
Heta worked on the City Rail Link project, particularly Te Waihorotiu Station's design.
Mitre 10 changes at top: Smith takes over, Dippie steps down
Retail chain founded in 1974 about to celebrate 50 years trading in New Zealand this year.
'Naturally devastated': Foreign construction worker believed to have been killed by falling gate
It’s understood the worker died after being hit by a falling gate.
Amazon's new Auckland building held up due to stormwater plans
The building of Amazon's first new data centre in Auckland has been delayed.
'Many failed companies': Builder who owed $350,000 in tax off to prison
Stephen Foley managed to shave several months off the amount of time he'll be behind bars.
Two ministers clear giant $96m Hamilton purchase, new hub planned
Big new commercial hub and logistics centre is planned.
Business confidence glass half-full, but construction and retail tumble
Retail and construction take a dive in latest ANZ Business Outlook survey.
ComCom wrote to 12 retirement village owners on false, misleading claims
Companies should seek legal advice about issues it had raised, Commerce Commission said.
Abu Dhabi wealth fund selling out of Precinct Properties for $261m
Deal under way is due to settle on Monday next week according to NZX announcement.
Watch: You thought demand for new Auckland office blocks was dead?
Thirty Daldy: the second 120 per cent carbon offset office building from Mansons TCLM.
$100m Radisson Red hotel planned for Auckland's Queen St
Second ex-bank HQ offices to be converted into a hotel, after InterContinenal Auckland.
Property Insider: Contentious retirement village survey, who wants $500k+ from failed builder
More than 300 NZ retirement villages and 71 operators ranked according to best practice.
Retirement company boss explains how they lifted profit in a housing downturn
Wood, insulation and carpet price rises are limited or capped to de-risk building jobs.
Ryman hits pause on $120m plans for Takapuna site
'At the moment, we’ve done groundworks. It’s ready to build when we’re ready.'
Dark centres, bright future: Goodman Property Trust eyes expansion
'Investment in data centres is a big deal around the world but not in New Zealand': CEO.
$2b industrial landlord records loss after property devaluations
New chairman to be appointed, change in directorships.
Black Seeds bash: Gemco celebrates 20 years with private gig
The business has grown from a team of eight in 2004 to 140 staff members now.
Revaluations boost retirement giant Summerset Group's bottom-line profit
CEO Scott Scoullar: 'We withstood challenges and continued to grow.'
Buildhub liquidation: 145 immigrants fired, company owes $2.2m
In a cruel twist, the company blamed its own staff and media reports here and overseas.
Obituary: Auckland businessman Graeme Edwards
One of the former owners of Alloy Yachts, Graeme Edwards, has died.
Northland bridge finally opens, nine years after it was promised
One of Northland's most anticipated bridges will finally be opening.
'Let us stay': Wellington restaurant vs NZX-listed landlord in $8.9m court claim
Fight over Italian-style restaurant's battle to remain in leased capital premises.
Watch: NZ's most expensive office block topped off, sale deal struck
'The work-from-home thing is not working any more for businesses.'
New dates out for regulatory action against SkyCity
Mid-April and a date in June are when the next actions occur against the casino giant.
SkyCity names new interim CEO, profit drops amid scrutiny
The hunt for a permanent CEO continues, but interim boss appointed.
'Great concern': Mayor's worry for people using congested SH2 as new route delayed
'You do it one day and it takes one hour and the next day it takes two hours, it's hard.'
Biggest NZ mall owner pushes up revenue, shopper numbers
Australasian shopper visits rose 6.7 per cent in 2023.
ELE group collapse: Receivers’ report puts claims at $12.3m - who's owed money?
Buildhub, another labour hire business, had 60-70 staff. They were all sacked on Friday.
Property Insider: Heartbreak from The Ridge apartment purchase
From apartment hell to apartment opening: The Ridge and The Greenhouse span the spectrum.
Who is buying Hotel DeBrett for $21m?
Redevelopment opportunities exist at the heritage building.
Lower property sales hit Winton Land revenue, net profit
CEO cites 'challenging economic environment and property market'.
Fletcher Building in line for downgrade as debt bill nears $2b
Moody's might downgrade after big net loss and more cost blowouts.
Big profit hit for NZ's largest listed retirement company
Market conditions, the phasing of new main buildings take a toll on the business.