Offices

The 8-storey asset was built around the 1940s and was Wellington’s first 5 Green Star Office Built building.

The listed property investor said the revaluation was driven by a shift in cap rates.

Precinct Properties has completed the final stage of its $550m office and retail Wynyard Quarter Innovation Precinct.

The industrial and offices property company also says there are board changes coming too.

Precinct Properties Group has confirmed the sale of its 20% interest in 40 and 44 Bowen Street in Wellington has now settled.

The value of non-residential building consents totalled $8.9bn in the year to April 2025, down 7.6% from the previous 12 months.

The full leasing of the company’s Munroe Lane development is its “key priority” before a potential sale of the asset.

Precinct Properties Deloitte Centre, Te Kaha, has been awarded 6 Star Green Star World Leadership certification from the New Zealand Green Building Council.

Asset Plus says its Albany office building has been revalued down to $107m.

The minister lashes out at the decision to deny consent for James Kirkpatrick Group’s proposed mass timber building.

Kiwi Property Group has launched what it says is the largest lift modernisation project in New Zealand’s history.

Tourism Holdings Limited’s Auckland employees are consolidating onto a single site in the biggest move for the operator’s staff in the city for 16 years.

McKinsey senior partner Aditya Sanghvi discusses where US office attendance stands today and the opportunity to adapt to new ways of working, living, and shopping.

Tātaki Auckland Unlimited says its innovation hub GridAKL contributes $424m annually to Auckland’s economy.

Ngāti Tūwharetoa entities and Taupō District Council are coming together under a single roof, with the opening of He Whare Hono ō Tūwharetoa.

Occupier and tenant-only commercial real estate advisory LPC takes a look at the office markets in New Zealand and Australia.

Argosy Property will pay a dividend of 1.6625 cents per share for the third quarter of the 2025 financial year.

Office market activity is largely static in Invercargill but demand for prime retail and industrial space across Southland remains strong, according to CBRE.

Parliament buildings the Ballantrae Place Building and the Museum Street Building have achieved the highest possible Green Star certification from the New Zealand Green Building Council (NZGBC).

Overseas investors can place a minimum of $10m in commercial property under new visa rules aimed at attracting investment.

The annual value of offices, administration, and public transport buildings consented in the year to December 2024 totalled $1.84bn.

The Ministry of Business, Innovation and Employment has finalised proposed changes to the management of the government’s property services.

‘Growth’ is the word underpinning the outlook for commercial property in 2025, according to Bayleys’ national director of commercial and industrial, Ryan Johnson.

Singaporean special purpose vehicle CC Maverick Pte. Ltd has secured consent to acquire a commercial building in Auckland on approximately 4,787 sqm of land at 30 Daldy Street, Auckland Central.

An increase in the supply of new and refurbished office space entering the Wellington CBD office market in the past two years has resulted in more vacancies, according to CBRE.