Sentiment towards Wellingtons office market is improving and fast.
Following a protracted period of uncertainty surrounding the consolidation of the governments space requirements in the city, the recent announcement with Precinct Properties looks to be a turning point...
A thriving IT sector, improving business sentiment and employment growth plus continuing tenancy consolidation from government agencies are providing increased impetus to the Wellington office leasing and development market. Ian Little, Bayleys Research’s National Research Manager, outlines some of the market’s key drivers. Check it out!
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Growing confidence and activity levels in Wellington’s central business district are key factors in the continuing improvement in the capital’s commercial and industrial property market, according to a big gun in the city’s real estate market.
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What kind of society would we live in if architecture and design were merely just jobs instead of expressive art forms that articulated the beliefs and values of people, organisations and cultures? This is an age old question which faces designers every single day. (Credit: Cool Hunter)
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After a period of stagnation, Wellington commercial property landlords are finding demand rising again. March was one of Bayleys Wellington branch's busiest leasing periods in recent times, with 14 transactions concluded across the market.
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Increased leasing activity on the back of an improving economy is pushing down industrial vacancy rates across the Wellington region. Pick up our new Wellington Leasing Focus magazine and discover Wellington’s largest collection of office, industrial and retail space currently available for lease.
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The development of the Te Puni mail centre on Petone's Esplanade continues, with the owners calling for expressions of interest from potential tenants.
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Meet the workplaces of your dreams. Sun-splashed atriums, sprawling outdoor verandas, and cozy, colour-saturated nooks are some of the hallmarks of the most remarkable offices in the world. (Credit: Inc.)
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Precinct Properties has sold a Featherston St tower block for $76m to an undisclosed party.
The tower, which has 13 levels of office space above Wellington's Intercontinental Hotel and boasts harbour views, was sold in line with its latest valuation.
Expansion at Wellington airport is one of a number of infrastructure projects fuelling the Wellington economy. The region is also experiencing considerable growth in construction activity and employment... find out what's happening.
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Find out what's happening in the Wellington office property market... Wellington CBD rental and investment trends, Government movements and the economic outlook.
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This Wellington City Council Guide on Earthquake Prone Buildings will provide you with a comprehensive view on the in's and out's of Wellington Building's seismic Assessment system.
Read MoreWe asked Luke to find a mythical Wellington unicorn: an office space that was both characterful and with a high building code...
