Press Release – Bayleys The latest Auckland CBD office data from Bayleys Research demonstrates a significant rise in shadow space, an increase in vacancy rates across the office sector and tangible reassessments of occupancy requirements all of which contribute to vast opportunities …
The latest Auckland CBD office data from Bayleys Research demonstrates a significant rise in shadow space, an increase in vacancy rates across the office sector and tangible reassessments of occupancy requirements – all of which contribute to vast opportunities within the sector.
Lloyd Budd, Bayleys’ director Auckland Commercial & Industrial said the structural change being seen in the central Auckland office market has opened the doors to frank discussions between landlords and occupiers, and some bold decision-making from businesses.
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Monday, 22 February 2021, 10:01 am
The latest Auckland CBD office data from Bayleys Research
demonstrates a significant rise in shadow space, an increase
in vacancy rates across the office sector and tangible
reassessments of occupancy requirements – all of which
contribute to vast opportunities within the
sector.
Lloyd Budd, Bayleys’
director Auckland Commercial & Industrial said the
structural change being seen in the central Auckland office
market has opened the doors to frank discussions between
landlords and occupiers, and some bold decision-making from
businesses.
“The 2020 shake-ups to the workforce and
the ensuing workplace expectations has led to intelligent
strategies and conversations among landlords and occupiers