Latest from Construction

Government steps in: Du Val Group placed in statutory management

Andrew Bayly and the FMA issued statements about why this happened and what's next.

Fletcher Building gives warning on 2025 'challenging' year

'We expect it will take time to see the flow-through to consenting and actual work.'

$227m loss: Fletcher delivers disappointing result

Losses from Higgins, intense competition, poor trading conditions feature in huge loss.

When will we know more about Du Val's interim receivership?

Report went in last Friday, PwC says. Nothing has been released in public yet.

Andrew Reding appointed Fletcher Building chief executive

He has held roles at Graeme Hart's Rank Group in the US.

Empire gets largest Vital shareholder to back 50.01% takeover offer

Vital is due to deliver its full-year result next Tuesday.

Death, rocks, doubters, tunnellers and Dublin: CRL's Sean Sweeney

'Would have preferred to stay in New Zealand. I love New Zealand. I’m a passionate Kiwi.'

Pink filled hotels - now Eden Park wants to double concert events

'Having a performer of this calibre play at Eden Park was a huge win for Auckland.'

$300m Auckland skyscraper: Construction work 'paused' indefinitely

Auckland Council is 'aware that work is currently paused on the Seascape development'.

Foodstuffs North Island fined $3.25m for anti-competitive land covenants

Foodstuffs fined for efforts to hinder rivals from opening or expanding.

Owners of Du Val-managed Lakewood Plaza units pay millions after water mains burst

'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.

Du Val investor worried after interim receivership

'It’s been nearly two years since I’ve been paid anything.' - Du Val investor

Fletcher's Iplex: leaky pipe class action launched in Australia

Around 30,000 homes in Perth are thought to be involved.

'Rent will continue' - Du Val to worried apartment landlord

Around 500 people live in the high-rise.

'It would take out 20% of sales': what many Catalina Bay apartment buyers want

One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.

'What I learned': Why Ben Wilson converted offices to apartments

Several CBD office buildings in Auckland have been converted into apartments, hotels.