Winton pegs its Sunfield claim at $138m

(Image: Winton)

Mon, 31 Jul 2023

Winton Land is claiming damages against Kāinga Ora of $138.5 million plus costs, as an estimate of its losses as a result of the government housing agency's alleged anti-competitive conduct.The residential developer, listed on both the NZ and Australian stock exchanges, launched its legal action last October, claiming that Kāinga Ora had "misused" its statutory powers after the agency's refusal to consider the developer's 4,400 unit planned community as a 'specified development project" under the Urban Develo...

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