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Leasing activity backed by strong economic growth has driven vacancy in the Auckland CBD office market to a new low.
Businesses requirement for space remains very strong as seen in the latest vacancy survey of the Auckland CBD office market. Vacancy across the CBD market (including Core and Viaduct) has dropped a further 80bps over the 1H15 and is now sitting at 4.7%.
Investors also remain active in the market with strong demand for investment property.
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10 September 2015