Crown agrees to purchase Ihumatao land for $30m
Fletcher Building CEO Ross Taylor said the $29.9m sale price means the company broadly breaks even.
Julie Iles
Thu, 17 Dec 2020
Hot Topic
Hawke’s Bay
The Crown has agreed to purchase the Ihumātao land from Fletcher Building in a transaction outside of the Treaty of Waitangi settlement process.
Housing Minister Megan Woods said the land is being purchased from Fletchers for $29.9 million under the Land for Housing Programme as the parties
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Julie Iles
Thu, 17 Dec 2020
Contact the Writer: julie@nbr.co.nz
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Crown agrees to purchase Ihumatao land for $30m
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