Auckland's Mitchell Homes in liquidation

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

Another building firm has hit the dust with the parent company of Auckland-based Mitchell Homes now in liquidation.

Mitchell Homes had projects on the go at Landco’s sprawling 110-ha Stonefields urban village in Mt Wellington and the 14.8-ha Karaka Lakes subdivision.

Owner Brent Mitchell could not be reached for comment but a former staff member confirmed the business is being wound up following the collapse of Pukekohe-based Tribro Construction.

Tribro’s owner Andrew Casey had taken a third share in Mitchell Developments in December but several Tribro companies went into liquidation earlier this month.

Mitchell Builders Trustee Company and Mitchell Developments were placed in liquidation last week. Creditors are understood to be owed around $1 million.


2 · Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

2 Comments & Questions

Commenter icon key: Subscriber Verified

oh! No...another sad story

Reply
Share
  • 0
  • 0

The market will tkae more building companies sadly before this property/economy bust is over. What impact does this have (if any) on Mitchell's Jennian and Milestone Homes franchises?

Reply
Share
  • 0
  • 0

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7294 -0.0059 -0.80%
AUD 0.9338 0.0033 0.35%
EUR 0.6616 -0.0004 -0.06%
GBP 0.4711 0.0017 0.36%
HKD 5.6661 -0.0355 -0.62%
JPY 88.7070 -0.2990 -0.34%

Commods

Commodity Price Change Time
Gold Index 1204.0 -2.050 2015-05-22T00:
Oil Brent 65.9 -1.130 2015-05-22T00:
Oil Nymex 59.7 -1.040 2015-05-22T00:
Silver Index 17.0 -0.080 2015-05-22T00:

Indices

Symbol Open High Last %
NZX 50 5769.3 5785.2 5769.3 0.12%
NASDAQ 5085.4 5103.8 5090.8 -0.03%
DAX 11881.5 11881.8 11864.6 -0.42%
DJI 18286.9 18286.9 18285.7 -0.29%
FTSE 7013.5 7061.7 7013.5 0.26%
HKSE 27723.7 28041.3 27523.7 1.70%
NI225 20208.8 20278.3 20202.9 0.30%