Fletcher Building in talks with parties on residential sale

The number of profitable residential units fell by 220 to 666 in the year to June 30. (Image: NZME)

Tue, 18 Nov 2025

Fletcher Building’s residential and development arm could fetch about $850 million on a good day, an analyst says. On Tuesday morning, the company said it was talking to a number of interested parties for its residential business as part of its strategic review. “As part of that process, a range of potential outcomes, including possible divestment options, are being assessed.” Forsyth Barr’s Rohan Koreman-Smit said businesses such as Fletcher’s residential division can swap hands at about the cost o...

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