Christchurch council-commissioned review suggests asset sales

Christchurch council-commissioned review suggests asset sales
A strategic review of Christchurch council's holding company has recommended investigating partial asset sales. (Image: DepositPhotos)
Oliver Lewis
Christchurch city council could free up about $1.2 billion by selling minority shareholdings in its commercial assets, a new report suggests. The council on Monday released a strategic review by consultants Northington Partners into its commercial holding company, Christchurch City Holdings Ltd (CCHL). CCHL controls 100% of four companies – EcoCentral, Citycare Group, Lyttelton Port Company (LPC) and Enable, a fibre broadband provider – as well as 75% of Christchurch International Airport Ltd (CIAL) and 89% of lines compan...

More Policy

'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025
Govt mandates high-rise zoning around key CRL stations
Policy

Govt mandates high-rise zoning around key CRL stations

Auckland Council will need to provide for building heights of at least 10-15 storeys.

Oliver Lewis 25 Jun 2025
Infrastructure Plan floats higher health, electricity spend
Policy

Infrastructure Plan floats higher health, electricity spend

Draft plan identifies priority projects and recommends transport system reform.

Oliver Lewis 25 Jun 2025
Infrastructure plan: 17 projects made it, 31 missed out
Policy

Infrastructure plan: 17 projects made it, 31 missed out

Rail, prison and ferry terminal projects excluded from infrastructure priority list.

Oliver Lewis 25 Jun 2025