Latest from Fletcher Building Limited

Six years after NZICC fire, court case looms
The case is being brought against two subcontractors, who deny liability for the fire.

Who’s still got money? CBRE lists top sales of $1.7b deals lately
In the last six months of 2024, $1.7b of property sold in 97 deals. CBRE lists the top 10.

‘Market turned down more quickly ... deeply’: Fletcher CEO on climbing losses
New CEO steps in as losses climb further: what next for the giant Australasian business?

SkyCity admits 'huge toll' of NZICC, hospital delays and global stoppages | NZ Herald News Update
SkyCity admits the 'huge toll' the NZICC has taken on them, the hospitals continue to be full or delayed as Trump holds up thousands of global aid projects. Video / NZ Herald

'Later than we hoped' - SkyCity reveals another big Convention Centre delay, hands out blame
Opening date is now 12 months away, says SkyCity. Fletcher says there's been no change.

Property Insider: Billionaires want Herne Bay trees axed, two bookings at SkyCity’s convention centre
Is the money being cited really what it will cost to fix apartments near Eden Park?

Property Insider: 6 big things likely to dominate 2025
Seascape, Ikea, some big new buildings and a court drama loom.

Fonterra's Richard Allen named Young Executive of the Year
Judges cited strategic vision and exceptional leadership.

Fletcher Building inks $45m Marsden Point ex-refinery deal
It's the first customer to sign a deal after the oil refinery shut down.

First look: Inside SkyCity’s International Convention Centre
SkyCity's chairman and CEO take us inside the Convention Centre project.

Commerce Commission taking legal action over GIB customer rebates
New Zealand's only wallboard manufacturer is estimated to have a giant 94% market share.

'I am not a quitter': Fletcher director's message to shareholders
Postal votes show hefty protest vote against Fletcher director.

Barbara Chapman to leave Fletcher board
The company is holding its annual general meeting this morning.

Why Fletcher Building needs $700m in extra capital
'Capital raise keeps the wolves from the door' - analyst Andrew Scott of Morgan Stanley.

Fletcher Building woes: ‘Emergency’ $700m capital raise rumours surface
Analysts on both sides of the Tasman have said Fletcher Building may need to raise cash.

Fourteen-level apartment block under $46m leak repairs
An owner of a two-bedroom unit wanted only $179,000: faced a massive $446,000 repair bill.

Fletcher Building poised for announcement on leaky pipes
After complaints about pipes in Australia, company has been in mediation.

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.

Sold for A$170m: Fletcher's Australian plumbing business Tradelink
A$10m of the deal has been deferred and might not be paid till 2026, company says.

Fletcher's Iplex: leaky pipe class action launched in Australia
Around 30,000 homes in Perth are thought to be involved.