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Latest fromConstruction Trade Services
Why Fletcher Building needs $700m in extra capital
'Capital raise keeps the wolves from the door' - analyst Andrew Scott of Morgan Stanley.
Govt needs to hire equivalent of Ashburton by 2026 to deliver transport promises
NZTA demanded a Government guarantee before signing off on the loan.
‘Error-ridden:’ Builder took 16 months to complete 2 months' work, fined $430k
Simon Washbourne fixed the weatherboards incorrectly and installed windows that leaked.
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.
'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.
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.
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.
'Suspended' - building work on NZ's tallest apartment tower
Dispute between China Construction and developer Shundi Customs: Work suspended.
$227m loss: Fletcher delivers disappointing result
Losses from Higgins, intense competition, poor trading conditions feature in huge loss.
Property Insider: Fletcher Construction ‘restructures’ teams, Williams Corporation boss on investor returns
'Investors with us for years, they get paid quarterly. We’ve never missed a payment.'
'Surprise, intrigue' at three-home building which appears as one
Could this be a new prototype for terraced housing on medium-density Auckland sites?
Retirement giant wins fast-track consent for 13-level block at $500m village
Building to rise in Parnell after a joint venture between developer and charitable entity.
$300m Auckland skyscraper: Construction work 'paused' indefinitely
Auckland Council is 'aware that work is currently paused on the Seascape development'.
'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.
Scope of Du Val businesses revealed: 64 entities now in PwC hands
The apartment and townhouse development group has been put into interim receivership.
Fletcher Construction suing waterproofers over $320m loss for NZICC fire
The two waterproofing businesses have denied any liability for the October, 2019 blaze.
'NZ's truly first high-rise fully modular block': $75m 16-level Moxy for Auckland
Modular units allow a much shorter timeframe for construction, planning consultants say.
‘Unbelievably shortsighted’: Fury against Chris Penk on house energy efficiency review
Future generations would be sentenced to a life of cold housing, Andrew Eagles says.
Property Insider: How to still get $10k off a new house; apartment prices cut by 25%
One company is offering eligible buyers money for deposits so they can afford a house.
NZ house building costs drop for first time in 12 years: 'eased the pressure'
Decline followed a huge surge in building consents as well as a post-pandemic rush.
'Remote' building inspections bring pluses and minuses, industry leader says
John Gray urges 'greater consequences' for lawbreakers as the Govt removes red tape.
New house at Gibbs Farm sculpture park on NZ's Best Homes with Phil Spencer
'Leveraging our innovative reputation in the pursuit of creating remarkable homes'.
New homes from $49k: House Me cuts prices
New showroom is about to open at Wigram in that fast-growing area of Christchurch.
How much Japanese-owned top 10 commercial builder made from NZ in latest year
First job: A landmark 57-level luxury tower between Commerce and Gore streets.