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.
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Latest from Construction
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.
Market close: NZ stocks ease while speculation swirls around Fletcher
Fletcher Building's shares rallied in a soft market.
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.
Revaluations boost retirement giant Summerset Group's bottom-line profit
CEO Scott Scoullar: 'We withstood challenges and continued to grow.'
Obituary: Auckland businessman Graeme Edwards
One of the former owners of Alloy Yachts, Graeme Edwards, has died.
'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.
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'.
Labour hire company Buildhub in liquidation
The liquidation comes after another labour hire company went into receivership.
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.
Police arrest two women after fire-activating thieves hit Mitre 10 Westgage
Police reviewed hours of CCTV to identify the people believed to be involved.
What will it take to fix Fletcher Building?
'All they did was inject another level of risk ... the CEO is not the problem here.'
DIA v SkyCity in High Court prosecution: Boss explains what's behind it
'Casinos can be an attractive way for criminals to launder proceeds of crime' - DIA.
Opened: Ponsonby's new The Greenhouse apartments, 19th block by Ockham Residential
Mayor praised Ockham Residential's apartment buildings as "architecturally fantastic!"
Editorial: Fletcher Building - proof the market does not like surprises
Fletcher Building feels the brunt of a surprise earnings downgrade.
Why Fletcher Building has lagged the market for over a decade
Fletcher shocked the market with an unexpected $120 million first-half loss.
Why convention centre cost Fletcher Building chief Ross Taylor his job
'Diabolical' - fire, Covid, rising steel prices, mould, replacing steel, new contractors.
Building consent reform will bring ‘clarity and consistency’ - Chris Penk
Plans to reform the building industry will make it easier to build a home.
Fletcher shares plunge amid $120m loss: Why CEO and chairman are going
'We both realise the buck stops with us. It’s in the best interests for us to hand over.'
Fletcher Building shares plunge as it makes $120m loss, CEO and chair resign
Dividend cut: Million-plus KiwiSaver investors indirectly affected.
‘Issues keep arising’: Calls for Fletcher Building board shake-up
'Fletcher has done considerably worse than the average company on the stock exchange.'