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Takapuna vacancy moved to a more than 10-year low in 2H15,with supply overwhelmed by occupiers. Demand continues to grow as with the expanding services industry and healthy economic environment.
Occupational demand is driving strong rental increases in the Suburban and Fringe office markets. This demand has expanded across the grade spectrum and has intensified from the 1H15,with strong competition for available space.
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23 February 2016