Fletcher Residential signs $130mn housing agreement with Crown in Auckland

Thu, 16 Jun 2016

By Sophie Boot June 17 (BusinessDesk) - Fletcher Building's residential division has signed an agreement with the government to build 196 homes on surplus Crown land in Auckland. The development of 9.2 hectares of former Ministry of Education land in Massey East will cost $130 million and infrastructure work will start later this year, Building and Housing Minister Nick Smith said in a statement. A third of those homes will be made available for social housing, and the first homes will be finished in August 2017. The Crown land progra...

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