George Kerr’s $224m plan to keep rolling out Queenstown properties

George Kerr’s $224m plan to keep rolling out Queenstown properties
Hanley's Farm is tracking 10 years ahead of schedule. (Image: BusinessDesk)
Paul McBeth
George Kerr’s Pyne Gould Corporation will spend more than $200 million to deliver at least 10% of the expected 17,000 houses Queenstown needs to meet projected population growth. Ministers Megan Woods and Damien O’Connor approved a $70m deal for property developer RCL to buy a 163-hectare block of land next to its Hanley’s Farm site just outside Queenstown, doubling its capacity to deliver housing in the resort town. The deal got a green light from officials at Land Information New Zealand’s Overseas Investment...

More Property

Fletcher Building’s Clever Core prefab house-building factory to shut
Property

Fletcher Building’s Clever Core prefab house-building factory to shut

Fletcher Building’s much-vaunted Clever Core prefab house-building factory at Wiri in South Auckland will close next year and be replaced by a PlaceMakers frame and truss plant.A spokeswoman said Clever Core had not worked out and would close by June 30.“Fletcher Building has mad...

Staff reporters 31 Mar 2025
Graeme Hart lends to twice-bankrupted builder
Property

Graeme Hart lends to twice-bankrupted builder

The owner of failed developer Buildform is a Hart family friend.

Maria Slade 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025
Govt support to unlock billions for community housing
Policy

Govt support to unlock billions for community housing

It's been called a watershed day for the community housing sector.

Oliver Lewis 27 Mar 2025