Stay put in EQ vulnerable buildings, MBIE says

Stay put in EQ vulnerable buildings, MBIE says
The Asteron is a poor seismic performer but safer than driving. (Image: supplied)
Brent Melville
People are much safer working in an earthquake 'vulnerable' building than they are driving a car to work, the Ministry of Business, Innovation and Employment (MBIE) says. In its latest seismic risk guidance, the government agency suggests that most 'seismically vulnerable' buildings aren't imminently dangerous and can still be occupied during seismic remediation work. That, according to MBIE's manager of building performance and engineering Dave Gittings, is because compared to most 'business-as-usual'...

More Property

Receivers ask Du Val founders: ‘Where are the assets?’
Property

Receivers ask Du Val founders: ‘Where are the assets?’

Du Val receivers say they have evidence of other assets they want information on.

Maria Slade 21 Nov 2024
Reasonable progress or pass the parcel?
Property

Reasonable progress or pass the parcel?

Opinions split over whether buildings are being earthquake-strengthened fast enough.

Argosy reports improved interim profit
Property

Argosy reports improved interim profit

Demand for green buildings will boost earnings long-term, the company says.

Maria Slade 20 Nov 2024
Jarden upgrades Investore rating
Retail

Jarden upgrades Investore rating

But there are limits to recycling retail assets, the investment house warns.

Maria Slade 19 Nov 2024