Page 4 - Chris Dibble News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Factories and warehouses might be where landlords go if they quit the rental market.

NZ's biggest new office block rising: How Covid exacerbated demand for $650m project 10 May, 2021 05:00 PM 4 minutes to read Culum Manson of Mansons TCLM on NZ's biggest new office block rising. Video / Dean Purcell Culum Manson of Mansons TCLM on NZ's biggest new office block rising. Video / Dean Purcell A $650 million new office block project is rising a block from Auckland's waterfront in New Zealand's largest newly-announced commercial construction project. Culum Manson of Mansons TCLM said despite predictions of falling demand for new offices, so many tenants had contac...

A commercial property for lease in Auckland in 2020. File photo Photo: RNZ / Dan Cook Commercial real estate company Colliers said industrial property, large format standalone retail, prime regional shopping centres and flagship office buildings continued to be in high demand. The strong demand was already reflected in the value of some of New Zealand's largest property companies. The Goodman Property Trust has just reported a second half gain of about $415 million or 12.5 percent in the value of its portfolio, on top of the $140m gain in the first half. Goodman chief executive John Dakin sa...

Project Auckland: What future for offices in these pandemic times? 7 Mar, 2021 04:00 PM 4 minutes to read What's happening to office demand? Culum Manson knows. Photo / Michael Craig What's Auckland office space demand doing when so many people are working from home now and are pandemic predictions of a demise of the commercial sector proving true? Or does New Zealand's largest private developer's $250 million spec projects cast doubt on such predictions? Culum Manson had no qualms about pushing "go" on a speculative $250 million Newmarket office project, telling the Herald ...