December 12 2011
This month we update our last twelve months history, and our next twelve months forecasts of rental and capital value growth for Christchurch, Wellington and Auckland. They show that the bottom of the market has been well and truly reached, with mostly either flat conditions or modest declines in values recently.
TelstraClear’s Wellington office is to move from CentrePort to the central business district following the biggest leasing deal in the capital this year.
December 10 2011
A multi-tenanted commercial property in Albany, Auckland – which houses a high-spec warehouse and office building and a popular Italian bistro among other tenants – is being sold to investors by KCL Property under a proportionate ownership scheme.
December 9 2011
Competition has returned to the Wellington office leasing market, with businesses jostling for space in good-quality, well-located A and B grade buildings with larger floor plates, says Steve Maitland of Colliers International.
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