Business / Housing

Property developer wants $138m from Kāinga Ora for alleged anti-competitive behaviour

20:59 pm on 31 July 2023

Winton said it looked forward to vigourously present its case against Kāinga Ora. Photo: RNZ / Nate McKinnon

Listed property developer Winton is claiming more than $138 million from Kāinga Ora for alleged anti-competitive behaviour.

The company started legal action last year against the state housing provider because it was not given fast-track consent for a proposed residential development in Papakura.

Winton asked Kāinga Ora to use its special powers under the Urban Development Act to fast-track the project, which was rejected.

It claimed Kāinga Ora said it was "too busy" to process private-sector applications.

Winton has said the Sunfield project would deliver over 4000 affordable homes and 11,000 permanent jobs, with a marked reduction in vehicles and using renewable energy.

The company said there was no guarantee of success with its legal action but the cost of the proceedings should not materially affect its earnings guidance.

Winton said it looked forward to vigourously present its case.

A Winton spokesperson said it would not be conducting interviews with the matter before the court.

Kāinga Ora also declined to comment.

It previously told RNZ it rejected Winton's claims. The state housing provider said it had to have confidence that progressing a development under the act was appropriate for the development.

Kāinga Ora said the information Winton made available to the agency regarding Sunfield did not provide this confidence, which is why it did not support fast-tracking the development proposal.