JLL researchers made 2 suggestions this week for tenants of office buildings in the Auckland cbd, and landlords of secondary space.
2 factors affected office vacancy around Auckland in the second half of 2013 – withdrawal of space for conversion to apartments or hotels, and a number of moves around town by tenants shifting between grades or between business areas.
Published 4 February 2011 Colliers International research director Alan McMahon said in a research report out today that office vacancy in the Auckland cbd had fallen to 9.6% while Wellington vacancy was – unusually – higher. Premium grade in the Auckland cbd is back up to the level of 14.3% a year ago, the highest […]
Published 21 January 2011 CB Richard Ellis says office vacancy in Auckland’s cbd has increased over the past 6 months, after improving in the first half of 2010. The consultancy’s latest survey indicates that vacancy sits at 13.8% (190,000m²), an increase of 1% (20,000m²) over the past 6 months. Senior research director Zoltan Moricz said: […]
Published 8 November 2010 CBRE research director Zoltan Moricz found himself out on a limb after producing a more positive market outlook than others for Auckland cbd office rents early this year, so he went back to test the modelling. The questions: What gdp forecasts would produce a 10% decline in net effective rents between […]
Published 17 December 2009 New cbd office vacancy data completed this week shows the Auckland vacancy rate up from 8.4% in June to 11.5% in December, in line with Colliers Research predictions. Coliers Research director Alan McMahon said the later completion of Wellington’s current crop of new cbd stock explained why the vacancy rate […]