{"id":172004,"date":"2026-06-17T04:20:28","date_gmt":"2026-06-16T21:20:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-cuts-debt-with-450m-asset-sales\/"},"modified":"2026-06-17T04:39:56","modified_gmt":"2026-06-16T21:39:56","slug":"fletcher-building-cuts-debt-with-450m-asset-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-cuts-debt-with-450m-asset-sales\/","title":{"rendered":"Fletcher Building cuts debt with $450m asset sales"},"content":{"rendered":"<p>&#013;<br \/>\nFletcher has told Moody\u2019s it is withdrawing from its credit rating process.&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/fletcher-building-cuts-debt-with-450m-asset-sales\/A745GWDQJ5D5FAVQW6P4DJUG6E\/\" target=\"_blank\" rel=\"noopener\">Fletcher Building cuts debt with 0m asset sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Fletcher has told Moody\u2019s it is withdrawing from its credit rating process.&#013; &#013; Source :&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-172004","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IKg","jetpack-related-posts":[{"id":170582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-cuts-308-corporate-jobs-update-on-fletcher-living-sale\/","url_meta":{"origin":172004,"position":0},"title":"Fletcher Building cuts 308 corporate jobs, update on Fletcher Living sale","date":"February 18, 2026","format":false,"excerpt":"\r 'Paying a lot of attention to corporate overheads and costs in the organisation': Reding.\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building cuts 308 corporate jobs, update on Fletcher Living sale","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-interim-result-picked-to-drop-17-per-cent-dividends-debt-affected\/","url_meta":{"origin":172004,"position":1},"title":"Fletcher Building interim result picked to drop 17 per cent: dividends, debt affected","date":"February 8, 2024","format":false,"excerpt":"\r Gearing could be at the top end of the range and dividends to shareholders could drop.\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building interim result picked to drop 17 per cent: dividends, debt affected","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86519,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-to-reveal-staff-cuts-soon-ceo\/","url_meta":{"origin":172004,"position":2},"title":"Fletcher Building to reveal staff cuts soon: CEO","date":"April 26, 2018","format":false,"excerpt":"\r Fletcher Building will announce job losses in the coming weeks, following the disastrous $952 million of losses in its Building + Interiors unit due to major New Zealand construction project problems.Ross Taylor, chief executive,...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building to reveal staff cuts soon: CEO","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-issues-gloomy-update-targets-further-100m-cost-cuts\/","url_meta":{"origin":172004,"position":3},"title":"Fletcher Building issues gloomy update, targets further $100m cost cuts","date":"October 13, 2025","format":false,"excerpt":"\r 'Further declines in trading volumes and ongoing pressure on margins' - Andrew Reding.\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building issues gloomy update, targets further 0m cost cuts","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-battles-fletcher-buildings-placemakers-over-materials-alleged-delays\/","url_meta":{"origin":172004,"position":4},"title":"Developer battles Fletcher Building\u2019s PlaceMakers over materials, alleged delays","date":"September 20, 2023","format":false,"excerpt":"\r A $335,000 debt has sparked court action and a bankruptcy application.\r \r Source : nzherald.co.nz\/Property\r Read more...Developer battles Fletcher Building\u2019s PlaceMakers over materials, alleged delays","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-insider-kirkpatricks-plan-a-135m-karangahape-rd-boost-colliers-100m-westgate-sales-in-last-six-months-big-day-for-fletcher-building-lt-mcguinness-win\/","url_meta":{"origin":172004,"position":5},"title":"Property Insider: Kirkpatricks plan a $135m Karangahape Rd boost; Colliers\u2019 $100m+ Westgate sales in last six months; big day for Fletcher Building; LT McGuinness win","date":"May 20, 2025","format":false,"excerpt":"\r What would planned K Rd building do to the area? Give it a $135m boost, a new study shows.\r \r Source : nzherald.co.nz\/Property\r Read more...Property Insider: Kirkpatricks plan a 5m Karangahape Rd boost; Colliers\u2019 0m+ Westgate sales in last six months; big day for Fletcher Building; LT McGuinness win","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172004"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=172004"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172004\/revisions"}],"predecessor-version":[{"id":172005,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172004\/revisions\/172005"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}