Building firm folds

A construction company operating as Platinum Homes in the greater Wellington region has gone into liquidation. Grant Thornton New Zealand has been appointed liquidator of Mass Construction. It held the franchise for Platinum Homes in greater Wellington and Wairarapa. It was reported early last year that customers were upset about delays in new builds. At that point, some clients waiting for houses had signed contracts two years earlier. Franchisee Jason Strange also held the South Island Platinum Homes franchise until it was hit by cash flow problems in 2016. Earlier this month, Platinum Homes said there were issues with the franchise but head office was working to resolve them.