Fletcher aims to triple pace of home building in NZ as demand grows, Adamson says

Tue, 21 Oct 2014

By Fiona Rotherham Oct. 21 (BusinessDesk) - Fletcher Building wants to triple the pace of home building in New Zealand to capitalise on strong demand for housing, particularly in Auckland and Christchurch, the construction and building materials company told shareholders at their annual meeting. Auckland-based Fletcher has historically built and sold around 300 houses a year and has now set a goal of achieving an annual rate of more than 1,000 homes sold each year, it told shareholders in Auckland. It will broaden the types of homes it of...

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