BUILDING ANOTHER LIFE IN THE CITY
Demand for high quality and new space by office-based companies has presented a chance for savvy investors and landlords to give secondary quality buildings a new life.
And the focus has sharpened since the steady increase in unoccupied offices has also meant dropping rents.
Languishing B to D-grade offices are not going to lease in a hurry as the pandemic has prompted a shift to home-based work. This has left many landlords wondering about options for their underutilised property.
In the Auckland and Wellington markets there is still a significant amount of secondary space and new, higher-quality
