Apartment conversions eat up city fringe office space
The latest Bayleys research shows vacancies have fallen to 13.7%, down from 16.8% last year.
Sally Lindsay for NBR NZ Property Investor Wed, 06 May 2015
City fringe office vacancy rates are dropping sharply through a combination of companies wanting more up-market space and significant refurbishment and conversion projects.
The latest Bayleys research shows vacancies have fallen to 13.7%, down from 16.8% last year and a high of 16.9% in 2011 when