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Wellington office rentals stay static as vacancies breach 7%

Supply and demand office imbalance in Wellington CBD, while Auckland tenants start getting picky about eco-credentials.

More than 90,000 square metres of new stock will soon come on stream in Wellington.

A frenzy of new office openings in Wellington, combined with significant cuts to the capital’s government bureaucracy, could see some sharp deals in the coming months as offices remain empty.

That’s while more than half of the city’s office dwellers say they have plans to relocate in the near

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Brent Melville Fri, 29 Nov 2024
Contact the Writer: bmelville@nbr.co.nz
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Wellington office rentals stay static as vacancies breach 7%
Property,
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