Press Release – Bayleys The latest Auckland CBD office data from Bayleys Research demonstrates a significant rise in shadow space, an increase in vacancy rates across the office sector and tangible reassessments of occupancy requirements all of which contribute to vast opportunities … The latest Auckland CBD office data from Bayleys Research demonstrates a significant rise in shadow space, an increase in vacancy rates across the office sector and tangible reassessments of occupancy requirements – all of which contribute to vast opportunities within the sector. Lloyd Budd, Bayleys’ director Auckland Commercial & Industrial said the structural change being seen in the central Auckland office market has opened the doors to frank discussions between landlords and occupiers, and some bold decision-making from businesses.