Page 35 - Precinct Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wellington Retail Overall vacancy over the second half of 2020 continued its upward trend from December 2019’s low, however, the rate of increase slowed from that evident in the first half of the year. Total vacancy reached 7.6% in December up from the 6.7% recorded in June. The latest figure equates to an additional 1,250 sq m of vacant space, taking the total to 11,000 sq m. The completion of Willis Bond’s redevelopment of the former Farmers Building at 100 Cuba Street was the only significant addition to the CBD’s inventory over the second half of 2020. Removal of stock for refurbish...

Our daily series of interesting Q+As with interesting people. Rob Campbell is a professional director and chair of SkyCity Entertainment Group, Ara Ake, NZ Rural Land Co, WEL Group, Tourism Holdings, Summerset Group and director at Precinct Properties.   1. What did you learn about yourself over lockdown?  The lockdown confirmed my introversion and I did not mind at all the experience in that sense. There was plenty going on to keep me mentally engaged.  2. American politics, climate change or Covid-19 – which one causes you more angst, and why?  The climate crisis looms lar...

Scoop Auckland provides news and views from Auckland, New Zealand

Thursday, 1 April 2021, 5:09 pm 2020 saw increased vacancy rates in the office, industrial and retail markets with mixed yields in each sector, but Colliers research says it is not all about COVID. While the adverse economic impact of COVID-19 was a rightfully expected influence, other market dynamics pre-COVID (such as vacancy rates that were at historic lows and increasing development activity) also played their part. While the general trend has been upward, the rate of change has differed across market sectors and locations as illustrated by the results of the latest Auckland and Welling...

Boards need to view their businesses through a wider lens, says professional director Rob Campbell. Covid-19 is just one example of how humanity and the rest of nature are colliding and the effects are reverberating through companies and into boardrooms, sparking a need for change, says professional director Rob Campbell. “The way I perceive the world at the moment is that there is a real clash or collision going on between the way human beings have conducted ourselves and nature,” says Campbell. He sees that reflected through a variety of crises spanning Covid-19, the climate, rapidly ...