Challenge Properties Ltd

Date established
Date closed
Challenge Properties Ltd was formed in 1970 in conjunction with the Lend Lease Corporation Ltd of Sydney, leading property developers in Australia. It was formed to undertake the development of the St. Luke's shopping centre in Auckland, to be followed by other property development projects as suitable opportunities occurred.

Wright Stephenson & Co Ltd owned 50% of the company. In 1980 this was still a company owned 50% by Challenge Corporation Ltd. Challenge Properties changed its name to Fletcher Property Ltd, July 1 1998