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17 Feb 2026 17:06
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  •   Home > News > Business

    Competition for prime CBD office space remains fierce in Auckland and Wellington

    Competition for prime CBD office space remains fierce in Auckland and Wellington


    Real Estate company JLL's latest review outlines low vacancy rates and strong pre-leasing on space scheduled to come to market over the next two years.

    Vacancy in Auckland's four premium CBD towers is at 2.6 percent, while in Wynyard Quarter only 0.7 percent is currently available.

    In Wellington - only 0.5 per cent of grade A CBD space is available - with no more space set to be available until late 2021.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     17 Feb: New Zealand lamb is still a premium product in the UK, 144 years since the first shipment of 5000 carcasses sailed out of Port Chalmers in 1882
     17 Feb: The Finance Minister's accusing Labour of scraping the barrel with its questions in Parliament
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     17 Feb: Pharmacists have accepted a Health New Zealand pay offer
     17 Feb: Retail confidence is at a two-year high - but full recovery is still to come
     16 Feb: Now's the time to buy for those looking to get on the property ladder
     16 Feb: Severe weather has impacted the housing market
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    New Zealand lamb is still a premium product in the UK, 144 years since the first shipment of 5000 carcasses sailed out of Port Chalmers in 1882 More...



     Today's News

    Politics:
    Parliament's approving major changes to employment law 16:57

    Entertainment:
    Halle Berry "never thought she'd get married again" 16:57

    Business:
    New Zealand lamb is still a premium product in the UK, 144 years since the first shipment of 5000 carcasses sailed out of Port Chalmers in 1882 16:47

    Entertainment:
    Brooks Nader was "chasing perfection" during her teenage years 16:27

    Business:
    The Finance Minister's accusing Labour of scraping the barrel with its questions in Parliament 16:17

    Rugby League:
    Three Breakers players have been nominated for awards in the Australian basketball league gongs 16:07

    Entertainment:
    Part star, part supporting actor, Robert Duvall lit up 1970s American cinema – and kept going 16:07

    Law and Order:
    Louvre tour guides accused of orchestrating $16m ticket fraud ring over a decade 16:07

    Law and Order:
    Police say there is no risk to the public after a dog's killed a person at a home in Kaihu - in Northland - late this morning 15:57

    Entertainment:
    Rupert Grint has been able to "pick and choose" his roles thanks to the success of Harry Potter 15:57


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