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Research

Report

Wellington Retail Q3 2015


Tepid trading conditions and weak retailer demand have weighed down the retail market during 1H15. Vacancy levels in the CBD increased 1.9% over the first half of 2015 with areas along Willis Street and the Secondary CBD recently vacated.

However, conditions are set to improve with increased activity along Lambton Quay and  new retailers looking to enter the market​.

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