Press Release – Bayleys
The strength of the Wellington CBD office market has bucked the trends in other main centres – both in New Zealand and globally. The resilience of the capital’s office sector – demonstrated by ongoing low vacancy rates, steady rental rates and demand for quality stock – is explored in the latest Bayleys Research Wellington CBD office market update report.
The relatively stable Wellington office market hinges largely on the scale of government occupation in the city, according to Bayleys.
On the back of Wellington’s seat-of-government status, and, with the demand for social, housing and health-related services amplified by the COVID-19 environment, there’s been minimal contraction in Crown-occupied space, said Mark Hourigan, managing director Bayleys Wellington Commercial.
Press Release – Bayleys
The strength of the Wellington CBD office market even in the face of a global pandemic, stringent seismic thresholds and changing work models, has bucked the trends seen in other main centres – both in New Zealand and globally.
Artist’s impression
The resilience of the capital’s office sector – demonstrated by ongoing low vacancy rates, steady rental rates and demand for quality stock – is explored in the latest Bayleys Research Wellington CBD office market update report.
The relatively stable Wellington office market hinges largely on the scale of government occupation in the city, according to Bayleys.
On the back of Wellington’s seat-of-government status, and, with the demand for social, housing and health-related services amplified by the COVID-19 environment, there’s been minimal contraction in Crown-occupied space, said Mark Hourigan, managing director Bayleys Wellington Commercial.
Press Release – Bayleys The strength of the Wellington CBD office market even in the face of a global pandemic, stringent seismic thresholds and changing work models, has bucked the trends seen in other main centres both in New Zealand and globally.
Tuesday, 25 May 2021, 10:02 am
The strength of the Wellington CBD office market even in
the face of a global pandemic, stringent seismic thresholds
and changing work models, has bucked the trends seen in
other main centres – both in New Zealand and
globally.
Artist s
impression
The resilience of the capital’s office
sector – demonstrated by ongoing low vacancy rates, steady
rental rates and demand for quality stock – is explored in
the latest Bayleys Research Wellington CBD office market
update report.
The relatively stable Wellington office
market hinges largely on the scale of government occupation
in the city, according to Bayleys.
On the back of
The inquests were opened at Stoke Civic Centre
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