SkyCity may get $40M from Fletcher Building for convention centre delays, analyst says

Tue, 01 May 2018

By Tina Morrison May 2 (BusinessDesk) - SkyCity Entertainment Group could be paid $40 million from construction firm Fletcher Building because of delays in completing its convention centre in Auckland, according to an analyst estimate. The casino company foreshadowed yesterday that its $703 million New Zealand International Convention Centre and Hobson Street hotel project under construction by Fletcher Building will be delayed a further six months until December 2019. When Fletcher won the contract in October 2015, construction was predi...

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