NZX companies closing down operations, estimating disruption costs

NZX companies closing down operations, estimating disruption costs
Jenny Ruth
A raft of listed companies, including Precinct Properties, Kiwi Property, Metro Performance Glass, Evolve Education and Abano Healthcare's Lumino dental clinics, are closing down operations ahead of New Zealand going on lockdown from midnight tomorrow.Precinct said all its buildings and construction sites, which includes the Commercial Bay development at the bottom of Auckland's Queen Street and the Wynyard Quarter development on Auckland's waterfront, are in the process of "being safely and securely closed."All Precinct-operated offices in Auc...

More Property

Listed property firms welcome ‘Investment Boost'
Property

Listed property firms welcome ‘Investment Boost'

The tax policy could translate into millions in extra cash.

Gregor Thompson 04 Jul 2025
The business born battling Vector connection contracts
Property

The business born battling Vector connection contracts

'Pretty on the nose': Developers challenge Vector's hefty fees.

Garth Bray 04 Jul 2025
Formcrete Construction owes $7.4m as liquidation unfolds
Property

Formcrete Construction owes $7.4m as liquidation unfolds

A large chunk of the debt is shareholder loans.

Riley Kennedy 03 Jul 2025