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Big investor says New Zealand has compelling opportunities.
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Latest fromConstruction
‘Error-ridden:’ Builder took 16 months to complete 2 months' work, fined $430k
Simon Washbourne fixed the weatherboards incorrectly and installed windows that leaked.
Stink over sewage from Auckland housing development goes to court
Watercare plans to truck sewage away at three other housing developments.
Promise to begin new tunnel this term in doubt
Govt has delayed second Mt Vic tunnel while it investigates a bigger one.
Du Val's legal tsunami: eight court cases pending against businesses
Two advisers listed in a Du Val document told PwC they did not have any involvement.
A Du Val business valued at $431m? Receiver notes no independent valuation
No external valuation to show one entity was worth $431m, according to new PwC report.
Developer Shundi Customs vs builder China Construction in High Court over $300m Seascape
Dispute follows China Construction winning an August 2 tribunal adjudication.
New house-building business couldn't survive downturn: $8.9m liabilities
KPMG will now go about realising assets in an attempt to repay company debts.
'Improper' Covid cash claim: Ministry takes hotel building contractor to court
Issue over nearly $250,000 in pandemic-era wage subsidies.
Property Insider: Seascape adjudication decision awards $33m; Carrie Bradshaw index
Developer to pay builder China Construction New Zealand $33m.
'We can't sleep': Couple fear for future, loan on Du Val unit axed
Meanwhile, a decision on media access to court and receivership files has been reserved.
Du Val downfall: From champagne, private jets to receivership and $250m debt
Now Du Val investors and creditors want their money.
Downed tools leave Auckland's Seascape an empty shell
The Detail: A feud between builder and developer has brought work on Seascape to a halt.
JLL retirement village study: population up, companies adjust growth
Most older people do not live in such villages, even with 53,000 people there now.
Casino doors shut next week: What happens to 700 SkyCity Auckland staff?
Will staff be paid? Will they have to come to work still? Work shifts? What will they do?
Exploding liability: Fletcher paying $168m for Perth pipe disaster
Iplex will pay 80%, Western Australian Government to pay 20% to help homeowner victims.
ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount
Receivers have collected about 85% of the total amount owed by debtors.
Fletcher Building poised for announcement on leaky pipes
After complaints about pipes in Australia, company has been in mediation.
The five biggest property sales in 2024 so far – including Sir Peter Jackson’s Lyall Bay deal
Buying and selling activity is continuing apace, despite the sluggish economy.
Du Val Group: High Court to decide if interim receivership documents can be made public
Judge prepares to hear arguments in Hamilton on Monday.
Labour not sure about calls for politicians to be less political over infrastructure
Chris Bishop wants bipartisanship, other parties say he should look in the mirror.
'Stabilising investment property market' - giant landlord Precinct reports result
Company is progressing further growth in the apartment sector.
Repeatable design has potential to transform
Standardisation in construction could mean cost savings and efficiency gains.
Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof
Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.
Vulcan slashes dividend after 55% profit plunge
Vulcan blames high interest rates and inflation for its sharp fall in earnings.
Biggest deal of 2024: Sir Peter Jackson’s links to $105m Lyall Bay purchase
Filmmaker has plans to build a film museum.
'NZ's biggest Asian supermarket' opening at Westgate
New store is near the giant American-owned Costco Wholesale on Gunton Dr.
Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.
Builder Kiel Rangi keeps licence after skipping out on $70k botch-up
None of the walls were straight and all the weatherboards had been put on wrong.
Sewage trucked away from hundreds of Auckland homes with no proper connection
Summer is potentially going to be really smelly, one homeowner says.
Construction company hammered rail bridge rebuild piles 34m deep
Cyclone Gabrielle washed away the old 10m deep bridge piles, so they put in 34m deep ones.
'Suspended' - building work on NZ's tallest apartment tower
Dispute between China Construction and developer Shundi Customs: Work suspended.
Fletcher will fight regulator over Gib rebates
Regulator accuses Winstone Wallboards unit of breaching Commerce Act.
SkyCity forecasts earnings for 2025, delivers loss for latest year
Horizon Hotel opened, NZ International Convention Centre due to open next year.