Latest from Construction

Promise to begin new tunnel this term in doubt

Govt has delayed second Mt Vic tunnel while it investigates a bigger one.

Du Val's legal tsunami: eight court cases pending against businesses

Two advisers listed in a Du Val document told PwC they did not have any involvement.

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.

New house-building business couldn't survive downturn: $8.9m liabilities

KPMG will now go about realising assets in an attempt to repay company debts.

'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.

'We can't sleep': Couple fear for future, loan on Du Val unit axed

Meanwhile, a decision on media access to court and receivership files has been reserved.

Labour not sure about calls for politicians to be less political over infrastructure

Chris Bishop wants bipartisanship, other parties say he should look in the mirror.

'Stabilising investment property market' - giant landlord Precinct reports result

Company is progressing further growth in the apartment sector.

Repeatable design has potential to transform

Standardisation in construction could mean cost savings and efficiency gains.

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.

Vulcan slashes dividend after 55% profit plunge

Vulcan blames high interest rates and inflation for its sharp fall in earnings.

Biggest deal of 2024: Sir Peter Jackson’s links to $105m Lyall Bay purchase

Filmmaker has plans to build a film museum.

'NZ's biggest Asian supermarket' opening at Westgate

New store is near the giant American-owned Costco Wholesale on Gunton Dr.

Cambodian baker migrants fail to get order to stop BNZ selling Auckland home

BNZ became concerned that it made the loan based on false information presented to it.