Commercial Bay

Shopping mall in Auckland, New Zealand

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Commercial Bay

Commercial Bay
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"Second, we've got to get construction fixed and position and grow that particularly in infrastructure" he said, referring to finishing large jobs like the NZICC and Commercial Bay.

Precinct Property's Commercial Bay office and retail tower is also running six months late, now due to open in December.

But Precinct revealed how liquidated damages for Fletcher Construction delays finishing Commercial Bay now stood at $50m of which $26.7m had been released to the profit and loss account and $23.3m was precited against the project costs.

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