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Research

Report

Wellington Office Pulse Q1 2016


The Wellington office market experienced elevated levels of activity in 2H15, with strong sales and new build activity. Demand from the private sector for A grade office space remains high with tenants seeking out greener, safer and more modern premises in the Wellington market​.

Strong competition for quality office space has pushed rents higher in 2H15.Heated conditions in rival markets such as 
​Auckland have seen investors searching for desired yields elsewhere, in locations such as Wellington.

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