Latest from Construction

SkyCity group profit down 73%

Casino, entertainment and hotel giant explains how market treated it.

‘Black hole’: Crown quitting 109 new homes underwritten by KiwiBuild

First home buyers did not snap up these 109 homes: now we the taxpayers have bought them.

‘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?

Fletcher Building's half-year loss climbs to $134m

Intense competitive forces, slowing of demand influence result.

‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation

Company in receivership and liquidation owes a Smale family entity $76.2m: report

‘Eight-week average’: Tenancy Tribunal on how long it’s taking to hear a case

From March 20, the tribunal will be able to decide cases on paper without hearings.

Four months, still no buyers: PwC trying to sell Du Val properties

Bare land ready for unit development and a multi-level apartment block are still for sale.

Foodstuffs and Watercare clash over new $100m Highland Park supermarket

Watercare says it has offered an interim solution so the opening can happen on time.

Property Insider: Fixing Ryman’s sinking Edmund Hillary hub; Britomart revitalisation turning 20

Site was rubbish dump, says boss of Mainmark, drilling through floor slabs up to 4m down.

'Ripples of backfill' - who's moving Auckland CBD offices

Mansons TCLM’s completion of the new FNZ Centre had a big impact on tenancies in the city.

Elon Musk-led car company opening soon in vast new retail hub

Vehicles about to arrive at the new Westgate premises.

Dug down, walls now rising for $400m Mount Maunganui retirement village

A giant sandpile sits at the centre of the site where perimeter walls have been built.

Where Auckland rents rose the fastest in 2024

Viewing and listings may be picking up after 'subdued activity' late last year.

Apartment developer declares insolvency owing $3.76m

Unexpected cost rises, Covid delays, cooling market blamed for development failure.

Beca’s new flexi-working HQ: 900 desks for 1400 staff

Only 900 desks to be provided but more co-lab, quiet and flexible space offered to staff.

'Shocked': Kingsland Apartments owners get $36m minimum fix-up bill

Owners of 2-bedroom places get three choices: $350,000, $643,000 or $800,000 fix-up bill.

QV figures: How much has your home lost since the market peak?

We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.

Kennards Hire optimistic on post-recession outlook as inquiries grow

Kennards Hire is seeing inquiries grow for equipment, as its competitor reported a loss.