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Hot Topic Aus election
Investment
3 mins to read

Rents for prime locations rise as firms want staff back in office

There’s no let up in demand for quality office space, central city owner and developer Precinct Properties says.

Precinct’s Generator co-working space at 40 Bowen St.

Maria Slade Thu, 23 Feb 2023

There are no signs yet of any reduction in demand for quality office space, Precinct Properties told the market on Thursday.

The inner-city property owner and developer’s portfolio of properties in central Auckland and Wellington was 98% occupied, it said.

It saw a 17% increase in new contracted

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Rents for prime locations rise as firms want staff back in office
Investment,
97872
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