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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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