Press Release – Generator Time is running out to Power Up Your Startup with 12 months free office space worth more than $90K up for grabs. This is the last week to enter your start-up, scale-up or early-stage enterprise into the competition where two lucky Kiwi businesses …
Time is running out to Power Up Your Startup with 12 months free office space worth more than $90K up for grabs.
This is the last week to enter your ‘start-up, scale-up or early-stage’ enterprise into the competition where two lucky Kiwi businesses will win a spot in one of Generator’s strategic Auckland or Wellington CBD locations.
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Generator, a subsidiary of Precinct Properties, said demand for co-working spaces had been extraordinary since the pandemic, as more firms wanted the flexibility to scale up or down when they needed to.
It said occupancy rates fell from 97 to 65 percent last year but were now back to more than 85 percent, with the company forecasting a complete recovery later in the year. The last 12 months has been a game changer for the industry, Generator general manager John Moffett said. We re seeing really large corporate companies looking to use products like Generator as an adjunct space to their traditional office.
Thursday, 15 July 2021, 4:16 pm
Commercial
office, retail and industrial markets, one year on from the
end of New Zealand’s national lockdown, have performed
more strongly than expected, according to a recent research
report by Colliers.
The report notes that the effect
of lockdowns on the commercial property sectors, both
locally and internationally, however, has varied across
market sectors.
Chris Dibble, head of research at
Colliers, notes that property sector demand has responded
positively as a result of the unprecedented amount of
stimulus from the Government and the Reserve
Bank.
“The generally positive outlook for the
economy, prospects of ongoing low interest rates and a
Business Scoop » Commercial Property Market Outperforming Expectations scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.