A property mogul developing some of Wellington’s most infamous quake-prone sites has voiced support for recent Government changes, but says these won't slow down his large-scale projects.

Eyal Aharoni is currently working on reopening the long-closed Reading Cinema complex on Courtenay Place and the nearby Amora Hotel, which closed in 2019 and 2017 respectively because of earthquake damage.

Earlier this week, the Government confirmed it was watering down existing earthquake strengthening rules in a bid to balance safety and affordability.

Aharoni revealed why he's still determined to get these projects done.

LISTEN ABOVE

 

A property mogul developing some of Wellington’s most infamous quake-prone sites has voiced support for recent Government changes, but says these won't slow down his large-scale projects.
Eyal Aharoni is currently working on reopening the long-closed Reading Cinema complex on Courtenay Place and the nearby Amora Hotel, which closed in 2019 and 2017 respectively because of earthquake damage.
Earlier this week, the Government confirmed it was watering down existing earthquake strengthening rules in a bid to balance safety and affordability.
Aharoni revealed why he's still determined to get these projects done.
LISTEN ABOVE
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Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Eyal Aharoni: property mogul says earthquake strengthening rule changes unlikely to slow down Wellington projects

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6c8bd602-16cd-42e1-b776-b3690074b1ae/transcript