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Kiwi Income to build ASB new $160m HQ at Wynyard Quarter

Listed company Kiwi Income Property Trust is going to own and develop ASB Bank's new headquarters at the Wynyard Quarter precinct on Auckland's waterfront.The $160 million development is still in the early stages of design but ASB chief executive Charles

Jazial Crossley
Fri, 26 Feb 2010

Listed company Kiwi Income Property Trust is going to own and develop ASB Bank’s new headquarters at the Wynyard Quarter precinct on Auckland’s waterfront.

The $160 million development is still in the early stages of design but ASB chief executive Charles Pink said it would include public spaces with seating, a covered courtyard and café. There would also be facilities for meetings and community events, he said.

“For our people we have researched the most modern workplace philosophies. It will be a modern, airy workplace, promoting a sense of belonging for all who work there or visit it. We want our workplace to reflect the great caring, community spirit of our ASB team,” Mr Pink said.

Construction is due to start part way through next year, with ASB staff due to move in part way through 2013.

The Wynyard Quarter development involves a $2-3 billion revamp over 20 years that will eventually see 14,000 people working in the area.

“Wynyard Quarter is set to become a leading contributor to Auckland’s urban development, creating authentic and vibrant places for people in which our communities can grow and prosper in a sustainable way, celebrating design excellence and innovation,” development manager Sea + City said.

Jazial Crossley
Fri, 26 Feb 2010
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Kiwi Income to build ASB new $160m HQ at Wynyard Quarter
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