Browsing: Construction

Construction
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A shortage of skilled labour, the rising cost of building materials and access to funding are fuelling concerns within the construction industry that it doesn’t have the capacity to meet demand for new building work Despite New Zealand boasting a $37 billion pipeline of building work over the next five years, recent surveys have shown that many construction firms are hesitant to expand. Continue →
Construction
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The construction of the City Rail Link (CRL) tunnels underneath Auckland’s city centre is a major challenge requiring a robust and innovative approach to construction monitoring – especially when it comes to the extremely valuable real estate around Queen Street, Albert and Victoria Streets. Continue →
Construction Kiwi Property has agreed to acquire a 50 percent interest in The Base shopping centre at Te Rapa, Hamilton, from The Base Limited (TBL), a subsidiary of Tainui Group Holdings (TGH) for $192.5 million.
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  Kiwi Property has also made an offer to acquire the balance of The Base for a further $197.5 million (in cash and shares), which will be reviewed by TGH and Waikato-Tainui in the weeks to come. Continue →
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