Competition for prime CBD office space remains fierce in Auckland and Wellington
Competition for prime CBD office space remains fierce in Auckland and Wellington
31 October 2019
Real Estate company JLL's latest review outlines low vacancy rates and strong pre-leasing on space scheduled to come to market over the next two years.
Vacancy in Auckland's four premium CBD towers is at 2.6 percent, while in Wynyard Quarter only 0.7 percent is currently available.
In Wellington - only 0.5 per cent of grade A CBD space is available - with no more space set to be available until late 2021.
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