SkyCity convention centre handed back to Fletcher Construction

Wednesday, 6 November 2019

The SkyCity Convention Centre fire is now under control but there will still be flames visible for a while.

SkyCity's convention centre, which burned for three days in central Auckland, has been handed back to construction company Fletcher Building.

Over the past two weeks, Fletcher Construction staff have been working closely with fire and emergency services teams, local authorities, and SkyCity to manage the impact of the fire, the company said in a media statement released on the NZX.

'Fletcher Building wishes to acknowledge the considerable efforts of people from across these organisations for their hard work and support during this period, along with the people of Auckland for their understanding during this disruption,' it said.

Access to the New Zealand International Convention Centre (NZICC) was restricted as safety and structural assessments and investigations into the cause of the fire continued.

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Fletcher has been working with authorities to manage the impact of the fire.

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Sky City chief executive Graeme Stephens, Prime Minister Jacinda Ardern and Fletcher Building chief executive Ross Taylor addressing media the day after the fire broke out on October 23, 2019 in Auckland.

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Fletcher Building was determining the fire's impact on project's delivery timeline and costs, the timing of insurance proceeds and project cash flows, as well as any potential impact on the construction provisions announced in February 2018.

'The company confirms that based on information currently available it remains within these provisions,' the statement said.

'Fletcher Building is working closely with the insurer for the contract works and third-party liability insurances which are in place on the project.'

'Fletcher Building notes and agrees with the comments by SkyCity confirming the credibility of the insurer and their ability to meet their obligations.'

The company said it would continue to give active consideration to this matter as additional information became available, and expected to provide a further update at its half-year results announcement in February 2020.