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Investment
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SkyCity's $330m Fletcher claim a long shot, say analysts

Having already received the maximum liquidated damages, SkyCity faces a high bar to prove it deserves more.

SkyCity signed contracts with Fletcher for the NZICC in 2015, but completion is more than six and a half years late.

NBR Staff Mon, 09 Jun 2025

Analysts at Forsyth Barr say casino operator SkyCity is unlikely to succeed in its damages claim for $330 million against Fletcher Building over delays in completing the NZ International Convention Centre.

In a research note published today, Andy Bowley and Paul Koraua said they assumed SkyCity’s

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NBR Staff Mon, 09 Jun 2025
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment

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Investment

SkyCity profit warning as spending declines
Property
1

NZICC opening will be a ‘game changer’ – Nigel McKenna
Investment

SkyCity profit sinks on regulatory costs
Investment

Fletcher boss: ‘We’re not looking back’
SkyCity's $330m Fletcher claim a long shot, say analysts
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