On April 27, Goedeke started as chief of one of New Zealand's largest building businesses. He has worked for the company for the past 19 years.
Naylor Love won the highest value of New Zealand building workload started last year, according to data specialists BCI Central which today released a list of the 50 most active builders in this country following last year’s inaugural list.
The BCI Construction League Report said NaylorLove - restoring Christ Church Cathedral and building New Zealand’s first Ikea at Mount Wellington - started $820 million worth of work in 2023.
Sarah Murphy, BCI Central‘s Australia and New Zealand research manager, said the report celebrated the top firms’ achievements and examined the top 10 sector leaders.
Noteworthy highlights include Naylor Love securing the top spot for the first time as well as Watts & Hughes, Cook Brothers Construction, Icon Construction, and Southbase Construction entering the top 10.
Regular table-toppers CMP Construction and Dominion Constructors maintained their dominance with a second year in the top 10, Murphy said.
Commercial projects made up 38% of the new ones started last year, followed by 31% community and cultural sector work and 6% residential.
The construction sector faced a complex array of economic obstacles creating significant pressure on project budgets and timelines, Murphy said. Despite these challenges, the resilience and adaptability of the nation’s leading construction firms shine through, as showcased.
The top 50 builders started 612 projects with $8.4b, while the top 10 started 283 projects worth just over $4.8b.
1. Nayor Love: 75 projects worth $820m started in 2023
Its Auckland headquarters are at Glenfield and new chief executive Bruno Goedeke splits his time between there and the national office network.
Bruno Goedeke in the conference room at Naylor Love's Auckland offices in Glenfield. Photo / Sylvie Whinray
This locally owned builder had annual revenue of about $720m in 2021 but it added a further $250m per year in just two years due to the scale of projects. They included: a large volume for Kiwi Property Group at Mt Wellington ($200m build-to-rent apartments Resido, and the $63m offices at 3 Te Kahu Way as well as extensions to Sylvia Park shopping centre); the big new Fisher & Paykel building in Penrose; data centres; and larger hospital work.
Sylvia Park’s new $200m-plus Ikea, the new $100m-plus data centre DCI Auckland at Rosedale on the North Shore, upgrading Queenstown’s Skyline gondola in stages, building a new Southern Cross in Wellington’s Newtown, the new Ngāi Tahu ACC Ōtepoti building in Dunedin, Bidfood Wellington, Lynfield College, a new block for Burnside High School, and Mana College’s main building are just some of the large jobs this builder started last year.
2. Haydn & Rollett: five projects worth $568m started in 2023
Another locally owned business headed by Kim Barrett, owned by the Haydn & Rollett Group Partnership.
