Fisher & Paykel's Karaka plans revealed

A concept plan for the new Karaka campus. (Image: Fisher & Paykel Healthcare)

Thu, 22 Jun 2023

Fisher & Paykel Healthcare will spend between $230 million and $300m on the first phase of capital expenditure for its Karaka campus, according to official documents. The details have come to light through the med-tech manufacturer’s Overseas Investment Office application to buy the $275m site. Clearance to purchase the 105-hectare site, which is currently rural land, was granted in April, subject to special conditions. The land purchase needed sign-off because, at the time the application was prepared, some of F&P...

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