The division’s backlog of work has continued to grow throughout the 2016 financial year – the value of work won but yet to be completed increased to $2.7 billion as at 30 June in New Zealand. The division’s level of work, turnover and profitability have reached record levels. In February the acquisition of Higgins’ New Zealand and Fiji road construction and maintenance business was announced, positioning the division well for delivering ‘construct and maintain’ work.
Fletcher Construction is delivering Precinct Properties landmark Commercial Bay development on Auckland’s waterfront. Bringing together word-class commercial space, public transport, international quality retail, public spaces and hospitality environments, as well as eye-catching urban design, the project will transform downtown Auckland. The cornerstone of the project is a striking 39-storey tower on the former site of the downtown mall.