Fletcher seeks urgent talks on Ihumatao stalemate

Wed, 18 Sep 2019

By Pattrick Smellie Sept. 19 (BusinessDesk) - Fletcher Building is "disappointed" no resolution emerged from talks brokered by the Kingitanga on the future of the company's delayed housing development at Ihumatao. The process has effectively delivered a setback for the 480-home development by uniting previously opposing groups claiming mana whenua, or ancestral connection, to the Fletchers-owned land at the centre of the dispute. Auckland Council, which approved the development, values the land at $36 million. "Six weeks ago the Prime...

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