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8 Feb 2026 17:35
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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
     08 Feb: Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions
     08 Feb: Many businesses across the country could have unknowingly have a gender pay gap
     08 Feb: Wellington Water are still urging people to avoid the water along the capital's south coast - despite remediation works running smoothly
     07 Feb: Iran's mysterious Pickaxe Mountain a 'candidate' for new nuclear activities
     06 Feb: A property manager says the numbers of students looking for flats is lower than previous years
     06 Feb: More New Zealanders appear to be opting for a city-break this Waitangi weekend
     06 Feb: Why corporate America is mostly staying quiet as federal immigration agents show up at its doors
     Top Stories

    RUGBY RUGBY
    The Highlanders are keeping their fingers crossed for Fabian Holland as they prepare to find out more about the All Blacks lock's injury More...

    BUSINESS BUSINESS
    Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions More...


     Today's News

    		 Environment:
    Wellington officials are pushing for an investigation into the city's wastewater infrastructure 17:27

     Rugby League:
    A monumental signing in the NRL, with arguably the game's best prop to shift clubs after the upcoming season 16:57

     Christchurch:
    New Zealanders hoped never to see the Christchurch terrorist again. Now he wants to appeal his sentence 16:27

     Rugby:
    The Highlanders are keeping their fingers crossed for Fabian Holland as they prepare to find out more about the All Blacks lock's injury 16:17

     Cricket:
    A cricket-crazy Indian crowd is a double-edged sword for captain Mitchell Santner and the Black Caps 16:17

     Business:
    Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions 15:27

     Golf:
    World number one Scottie Scheffler is lurking at the PGA Tour's latest stop in Phoenix 15:07

     Rugby:
    New Zealand's Paul Coll has won into the last eight at squash's Windy City Open in Chicago 14:37

     Business:
    Many businesses across the country could have unknowingly have a gender pay gap 14:17

     General:
    Winter Olympics 2026 quick guide: What to watch on Day 2, Sunday, February 8 14:17

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