Statement on Media Speculation: Residential Development
Fletcher Building Limited, 810 Great South Road, Penrose, Auckland 1061, New Zealand
18 November 2025
Statement on Media Speculation Regarding Residential Development
Business
Fletcher Building acknowledges the article in The Australian newspaper speculating on
the potential divestment of the Company’s Residential Development business.
As previously announced, Fletcher Building is undertaking a strategic review of its
Residential and Development division. As part of that process, a range of potential
outcomes, including possible divestment options, are being assessed.
The Company is talking to a number of interested parties as part of this review. Fletcher
Building has no further comment at this time and will update the market and stakeholders
if and when there are material developments to report.
ENDS
Authorised for release to the market by Haydn Wong, Company Secretary.
_____________________________________________________________________________________________________________
For further information please contact:
INVESTORS Alex MacDonald, GM Corporate Finance & Investor Relations +64 21 221 4266 Alex.MacDonald@fbu.com
MEDIA Christian May, Chief Corporate Affairs Officer +64 21 305 398 Christian.May@fbu.com
For information on Fletcher Building visit fletcherbuilding.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- PFI — Property for Industry Limited: Annual Meeting Presentation and Speeches2025-10-20
“NZX and media announcement — 21 October 2025 9 PFI currently has three exciting developments at varying stages of planning and execution. We have deliberately staggered our development pipeline so that developments make up around 5% to 15% of our portfolio…”