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New Zealand-based Fletcher Building Limited (ASX:FBU) has inked a deal to construct a new office building in Auckland’s Wynyard Quarter.The building and manufacturing supplier says its construction arm will work on the property which will include retail and office space and carparks.Upon completion a joint venture (JV) between Goodman Property Trust (NZE:GMT) and Singapore’s sovereign wealth fund have agreed to buy the asset for about $AUD83.7 million.Goodman will also finance the construction of the building through a funding deal with Fletcher and funding will be repaid on settlement of the completed building.Fletcher Building reported a net profit of $113 million in the first half of the 2015 financial year.
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Last
$3.00 |
Change
0.050(1.69%) |
Mkt cap ! $3.224B | |||
| Open | High | Low | Value | Volume |
| $2.97 | $3.04 | $2.96 | $4.029M | 1.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4305 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 4361 | 1 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| FBU (ASX) Chart |