Professional investors have questioned the value to Goodman Property Trust of Singapore's Government Investment Corporation's acquisition of a 49 per cent stake in Auckland's Viaduct Quarter.

Singapore's sovereign wealth fund has bought a half stake in some of Auckland's newest commercial buildings in the Viaduct Quarter.

Fletcher Construction's efforts here during World War II and its aftermath are detailed in a second huge volume about the business.

Fletcher Building has forecast an 11 per cent operating earnings uplift by as much as $66 million this financial year but some shareholders still expressed dissatisfaction at yesterday's AGM in Auckland.

New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.

New Zealand's biggest residential repair job is nearly finished, with Fletcher Earthquake Recovery completing most of the Christchurch housing repair backlog.

Property and construction bosses want the Government to reform the Resource Management Act, an extension of Special Housing Areas, the creation of more affordable housing in Auckland and Christchurch and perhaps the introduction of some form of capital ga

Fletcher Residential has applied to Auckland Council to have the Three Kings quarry re-zoned for apartments up to 10 levels high in the deep pit.

At long last the cavalry has ridden in to deal to Auckland's housing crisis. Indeed, not one cavalry, but several.

New Zealand's biggest builder is about to start a $40 million makeover at its own global headquarters, after buying its headquarters back from Tauranga's Carrus Corporation.

A Melbourne engineer with some of London's biggest commercial and residential building projects under his belt is Fletcher Building's new housing boss.

New Zealand's biggest listed company is planning a five-fold surge in house building, concentrating mainly on Auckland, where it is negotiating to buy a big site in the city's northwest.

New Zealand's biggest NZX-listed business is forecast to declare a $355 million to $366 million normalised annual net profit after tax tomorrow, up on last year's $326 million.

Another construction industry player has criticised Fletcher Building's dominant position in New Zealand's plasterboard market via its Winstone Wallboards.

Building supply merchants are reluctant to stock products of Winstone Wallboards' rivals and are squeezing alternative goods.

New Zealand's biggest listed company, Fletcher Building, could be hurt by the Budget move to axe temporarily anti-dumping duties on building materials covering 90 per cent of a new home's construction, say experts.

Jobs and companies could be lost if masses of cheap overseas construction materials flood our boarders, say building companies.

NZ shares rose yesterday, led by Goodman Property Trust, after the property investor said full-year net profit rose 72 per cent. Trade Me and Xero paced the gains while Ryman Healthcare fell ahead of reporting earnings today.

Shipping containers are being put to new uses in Auckland, as builders make inroads on two prominent city sites.

BlueScope Steel, Australia's largest steelmaker has gained antitrust approval to acquire Fletcher Building's Pacific Steel in a $120m deal.

New Zealand tech stocks led the local market higher in morning trade, snapping a two-day decline as investors returned to tech and biotech stocks.

Fletcher Residential has approval to create 479 housing lots or sections in seven stages on the Manukau Golf Course.