Wellington central business district retail vacancies eased from 3.8% in December 2011 to 3.5% in June 2012.
Colliers researcher Alan McMahon says that within the central area, however, Lambton Quay’s increased vacancy to 5.2% is the highest recorded since June 2009.
Willis St, traditionally more
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Chris Hutching for NBR NZ Property Investor
Wed, 08 Aug 2012
Wed, 08 Aug 2012
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Wellington retail patchy, office vacancies rising
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