Love Your Workspace Wellington 2023

WELLINGTON

2023 Office Space For Lease

Alive and Well New Zealand’s global leadership in hybrid working provides compelling insights and advances in the way we work.

CBRE (Agency) Limited, Licensed Real Estate Agent (REAA 2008)

Wellington CBD Office Vacancy: Tenants’ preference for prime grade buildings.

Building a Legacy: Establishing Meridian Energy’s Legacy within The Iconic Old Bank Arcade.

Cover and Above: 44 Bowen Street, Wellington Central

Contents Welcome to the Spring 2023 edition of Love Your Workspace.

In this edition we are delighted to present some of Wellington’s best office leasing opportunities along with examining some of the most important issues surrounding office space today.

We share CBRE’s own research into both work space utilisation, and occupancy statistics along with insights into the major upgrades to the iconic Old Bank Chambers to accommodate new tenant Meridian Energy.

I am sure that you will find this edition a useful guide to current market conditions and opportunities that are available to the tenant market.

We would love to hear from you to discuss the market or should you like to learn more about the excellent leasing opportunities that we are excited to feature.

Please feel free to contact any of CBRE’s leasing professionals.

Kind regards, Matt Hince, Senior Director of Office Leasing

Feature articles

07 12 23

Establishing Meridian Energy’s Legacy Within The Iconic Old Bank Arcade Pushing the boundaries of sustainable design and construction, Meridian’s workplace fit-out is targeting the world’s most comprehensive and stringent sustainability accreditation.

Alive and Well The compelling insights of New Zealand’s global lead in hybrid working and how New Zealand compares on a global scale.

Wellington CBD Office Vacancy The trend towards high-quality office space and the emergence of higher levels of incentives in secondary grade spaces.

Meet The Team

MATT HINCE

DAVID FISHER

Senior Director

Director

Advisory & Transaction Services Office Leasing

Advisory & Transaction Services Office Leasing

Matt heads up the Wellington leasing team and has over 20 years of professional experience in the commercial real estate industry specialising in commercial office leasing agency and advice.

David specialises in the CBD office leasing sector of the market, representing both landlords and tenants.

Prior to joining CBRE, David completed a Valuation and Property Management degree at Lincoln University, followed by four years at the former Ministry of Works and Development.

During Matt’s career he has arranged many of the larger and more complex leasing transactions within the Wellington CBD. In this time Matt has focused on advice regarding the securing and disposal of commercial office space and has worked on behalf of noteworthy office occupiers, developers and owners.

matt.hince@cbre.co.nz +64 21 333 005

In 1985 he entered the commercial real estate industry. David has a history of working well in a team environment and has forged a track record of success as a landlord’s agent completing a number of controlled stock appointments. David assisted a large number of tenants following the November 2016 earthquake that impacted Wellington’s office stock.

david.fisher@cbre.co.nz +64 21 840 755

PAUL SOULIS

GUS BRODIE

Associate Director

Negotiator

Advisory & Transaction Services Office Leasing

Advisory & Transaction Services Office Leasing

Paul specialises in office leasing in the Wellington CBD & fringe precinct.

Gus specialises in finding office tenants for investors, institutions and other prominent real estate owners in the Wellington CBD, Te Aro and Thorndon areas. Gus believes the best results derive from listening to the tenant, gaining a thorough understanding of their business needs while having excellent market knowledge and insight.

Paul completed a Valuation and Property Management degree at Massey University and joined CBRE in 2011 and has quickly become one of the most respected and prolific office leasing agents in Wellington.

Paul’s natural passion for property and reputation for quality advice and ability to develop solutions for a wide range of clients, has led to Paul concluding the greatest number of transactions in a calendar year for CBRE on several occasions and has earned him multiple national and APAC company awards.

Paul has concluded over 300 leases across the private and public sector, with his most notable lease transactions being for the Co-Operative Bank, NTT and Wellington City Council head office.

paul.soulis@cbre.co.nz +64 21 622 690

Gus is quickly becoming established in the market and is highly motivated to provide solutions for his clients. Since joining CBRE and becoming a licensed real estate agent in June of 2021, Gus has executed over 35+ transactions.

In 2021, Gus was awarded ‘CBRE New Zealand’s Rookie of the Year’ award.

gus.brodie@cbre.co.nz +64 27 859 2532

Excellent Location

Great harbour views

Fit-out in place

Abundant natural light

On-site parking

Close to all transport hubs

Core CBD Location High seismic rating 215 LAMBTON QUAY, WELLINGTON CENTRAL

Occupying a core CBD island site, 215 Lambton Quay enjoys fantastic views and natural light from all floors.

Due to tenant relocations, for the first time in many years, there are opportunities for occupiers to consider this highly sought-after building.

All available floors have fit-outs that can be adapted or reutilised, representing significant capital avoidance possibilities. Due to the island site, the outlook from all floors is outstanding.

The building has been assessed at 100% of C5 (Yellow Chapter) of the proposed seismic assessment guidelines.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

P1

990sqm

7

599sqm

P2

248sqm

8

599sqm

4

599sqm

9

599sqm

5

599sqm

10

599sqm

6

599sqm

www.cbre.co.nz/WGN100211 Please contact your agent for more information

Matt Hince

David Fisher

matt.hince@cbre.co.nz +64 21 333 005

david.fisher@cbre.co.nz +64 21 840 755

40 Bowen Street

The Bowen Campus development has created an exciting new destination within the Wellington parliamentary precinct. It is a vibrant hub of business, government, food and beverage and will bring together over 5,000 people in one connected location.

Bowen Campus

The 40 Bowen Street opportunity presents the last remaining office in this brand-new building with premium end of trip, lobby cafe, retail and eateries along Bowen Lane.

Available opportunities Part Level 5

457 sqm

Immediately

Level 5, 40 Bowen Street

Level 5, 40 Bowen Street

Ground Floor Lobby, Bowen Campus

Aon Centre

Freyberg Building

1 Willis Street

20 Aitken Street

Aon Centre is a Wellington landmark that sits at the heart of the central business and retail district. The buzzing Willis Lane is located beneath this building and is home to 14 eateries, Holey Moley and Archie Brothers. This office solution offers the opportunity to be part of a dynamic business community in a vibrant Wellington location.

We have flexible/short-term lease opportunities available.

Located on the northern side of Aitken Street and close to Parliament, this building is only a short walk to Lambton Quay and many local amenities. The floors offer excellent natural light and harbour views on the upper levels. This is ideal for businesses who are looking to avoid any CAPEX thanks to an existing fit-out and the reassurance of 100% NBS.

Available opportunities

We have multiple opportunities available in this building, including the option of consecutive floors.

Part Level 12

525 sqm

Immediately

For more information, contact: Paul Soulis 021 622 690 paul.soulis@cbre.co.nz Level 12, Aon Centre

Matt Hince 021 333 005 matt.hince@cbre.co.nz

Located where the Lambton Quay shopping district meets the parliamentary precinct, 30 Waring Taylor Street is an iconic art deco building that has thoughtfully been redeveloped for modern ways of working.

– Private office suites and hot desks – Short term – No CapEX – Scale up or down as you need to

It’s all taken care of at Generator.

30 Waring Taylor, Wellington

– Spaces suitable for teams from 1–30+ available now

30 Waring Taylor, Wellington

30 Waring Taylor

A home for your business Generator provides everything you need to make a home for your business. We offer flexible, fully serviced workspace suitable for teams from 1 -30+.

You’ll be looked after by a team of business and hospitality professionals who’ll make sure you have everything you need to power productivity and keep your people happy at work, from tea and snacks to IT support to bespoke networking events. And you’ll join a readymade business community that brings opportunities and inspiration your way.

It’s all taken care of at Generator.

generatornz.com For more information, contact: Paul Soulis

021 622 690 | paul.soulis@cbre.co.nz

MEETING AND E V E N T S PAC E S

FLEXIBLE WO R K S PAC E S

Gus Brodie

027 859 2532 | gus.brodie@cbre.com

Available now

5 Star Greenstar and NABERSNZ target rating

Great location

Close to all transport hubs

On-site cafe

End-of-trip facilities

Fit-out in place

Level One Now For Lease Core CBD character space OLD BANK ARCADE, 233 LAMBTON QUAY, WELLINGTON CENTRAL

Following the lease of level 2 to Meridian Energy, level 1 remains for lease. This is a rare opportunity to occupy character space in a wonderfully located iconic Wellington building.

The building is being transformed with new services incorporating sustainable design. There is potential access available to the end-of-trip facility being constructed on the lower ground level.

The space offers a unique environment that must be viewed to appreciate. Available immediately, the space provides multiple access points, contains two kitchen/cafe areas already and can be leased with the existing fit-out or open plan.

AVAILABLE FOR LEASE LEVEL

AREA

1

1,070sqm

www.cbre.co.nz/WGN100011 Please contact your agent for more information

David Fisher

Paul Soulis

david.fisher@cbre.co.nz +64 21 840 755

paul.soulis@cbre.co.nz +64 21 622 690

Building a Legacy Establishing Meridian Energy’s legacy within the iconic Old Bank Arcade, Wellington Meridian Energy, New Zealand’s leading renewable energy provider, have signed a 12-year lease agreement for their new workplace headquarters in Wellington’s iconic Old Bank Arcade building. Meridian have partnered with Unispace for the design and construction of the workplace, having worked together on the delivery of corporate projects and generational sites since 2017.

architecture, the Old Bank Arcade is one of the most prominent buildings within Wellington city’s streetscape.

expertise after completing the first Living Building Challenge Interior for New Zealand.

The building has transitioned from a respected bank institution to a beautifully preserved heritage structure, presenting an opportunity to cement Meridian’s legacy within Wellington.

Focused on restoring the natural environment and promoting wellbeing, the framework aligns perfectly with Te ao Māori (the Māori worldview) and Meridian’s goal of ‘doing the right thing today so our planet and people can survive and thrive.’

Reflecting Meridian’s position as a global leader in sustainability and The Old Bank Arcade is a Category 1 green energy production, the new listed heritage building, demonstrating workplace will set the benchmark for its significance to New Zealand thoughtful, resilient, and responsible as an architectural and historical corporate environments. landmark. It consists of four buildings constructed between 1883 – 1904, Pushing the boundaries of sustainable originally built to house the Bank of design and construction, the New Zealand’s Wellington branch, workplace fit-out is targeting the serving as the city’s leading banking world’s most comprehensive and institution. stringent sustainability accreditation, the Living Building Challenge. This Over the past 100+ years, the will be a first for Wellington and the buildings have been restored and second for New Zealand. transformed into retail shops and cafes, with commercial office space Meridian’s workplace design and occupying the top levels. Exemplifying construction partner, Unispace, Edwardian and Victorian classical will bring practical knowledge and

Meridian’s Wellington workplace will be a physical manifestation of their values, sustainability framework and their One Meridian Workplace Strategy. It puts their people first, prioritising wellbeing, safety, and resilience by creating a space that is positive, flexible, and able to evolve with Meridian.

The workplace acknowledges the legacy of the Old Bank Arcade building and the legacy of Meridian’s team as one of New Zealand’s most successful and respected companies, says Darcy Utting, Design Principal at Unispace.

“Meridian’s core business is to renew and produce energy – the workplace reflects and supports this through balance and regeneration. The design is sensitive to the heritage architecture and supports future generations by giving back to the land.”

Considerable upgrades to the building’s end-of-trip facilities will improve the tenant experience, encouraging alternative modes of transport for employees and ultimately reducing carbon emissions.

The delivery of the finalised lease agreement is the result of significant coordination and teamwork across the parties involved: Meridian, the landlord – Bank Arcade Holdings Ltd, CBRE, NicheFM, NDY, Novare Design, Gaia Engineers, and Unispace. The agreement is complex, with the alignment of four heritage buildings and building performance specification requirements. The 12-year lease term between the landlord and Meridian solidifies their partnership and commitment to Wellington and their people.

Unispace is on track to begin construction in midOctober 2023, with Meridian occupying their new home in March 2024.

Great harbour views and location

Good floor to ceiling height

Fit-out in place

Available now

5 Star Greenstar and NABERSNZ target rating

Waterfront Views High quality existing fit-outs 10 CUSTOMHOUSE QUAY, WELLINGTON CENTRAL

Positioned in a key precinct of Wellington’s CBD, 10 Customhouse Quay enjoys luxurious harbour views whilst also being strongly connected to the capital’s private and public sectors.

Constructed in 2006, the building is undergoing upgrade works to meet the seismic and environmental demands of the Wellington commercial market. By achieving an 80% NBS rating under the “Yellow Chapter” the building will be protected for the future and is also moving with the modern climate by seeking certain building performance measures such as NABERSNZ. With floors of 745sqm and excellent ceiling height, there is the ability to meet requirements small and large as contiguous floors are also available. With above ground car parking, end-of-trip facilities and a short walk to Wellington’s public transport, the building ticks the boxes for many.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

4

741.62sqm

13

746.7sqm

8

745sqm

14

746.7sqm

9

746sqm

16

746.7sqm

10

746.1sqm

17

742.2qm

11

746.1sqm

www.cbre.co.nz/WGN100030 Please contact your agent for more information

Matt Hince

Gus Brodie

matt.hince@cbre.co.nz +64 21 333 005

gus.brodie@cbre.co.nz +64 27 859 2532

Fit-out in place

5 Star NABERSNZ target rating

Good floor to ceiling height

Close to all transport hubs

Excellent on-site amenities

End-of-trip facilities

Ample on-site parking

Premium Grade Office Space Three floors available SPARK CENTRAL - 44 WILLIS STREET, WELLINGTON CENTRAL

Spark Central is a 5 Green Star-rated office complex that merges heritage architecture, futuristic façades, sky-bridges, glass elevators and leading interior design concepts. The building is well located in the CBD on Wellington’s retail “Golden Mile”, directly opposite Chews Lane on Willis Street. The building is conveniently situated near public transport routes and the northern motorway.

Three large efficient floors are available for lease in Willis Tower, offering the option of leasing all the available space of 3572sqm or floor by floor. The floors contain modern fit-outs, offering cost savings and reduced enviromental impact. A modern end-of-trip offering and plenty of car parks provide tenants with quality amenities in a building that is rated one of Wellington’s best.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

2

1,202sqm

4

1,171sqm

3

1,199sqm

Total

3,572sqm

www.cbre.co.nz/WGN100216 Please contact your agent for more information

David Fisher

Matt Hince

david.fisher@cbre.co.nz +64 21 840 755

matt.hince@cbre.co.nz +64 21 333 005

Key features Sustainable design Minimum 5 Green Star and 5 star NABERSNZ ratings

Super efficient Large floorplates for maximum efficiency and workplace flexibility

Base-isolated Base-isolated structure and site resiliency

Modern amenity Extensive staff collaboration, health and wellbeing features

Exceptionally located Part of Wellington’s tech and cultural hubs and Te Ngākau Civic Precinct in the CBD

Connected Excellent public transport links including the new proposed MRT route

Designed for an easy commute Generous end-of-trip facilities with showers, lockers, drying room and secure bike storage and e-bike charging

Spectacular views Spectacular harbour and city views, plus maximised natural light to all sides

110jervoisquay.co.nz

A new landmark office campus for Wellington Willis Bond’s latest offering, 110 Jervois Quay, will be a world-class new commercial landmark, offering resilience, flexible space, exceptional amenity and superior sustainability in the heart of Wellington’s central city.

Space Now Leasing Level

Type

Base-isolated is best

Ground

Retail/hospitality spaces

Level 1

Prime office space

1,730m2

Level 2

Prime office space

1,950m2

Level 3

Prime office space

1,845m2

Sustainability-focused

Level 4 - 7

Prime office space

1,895m2

110 Jervois Quay will achieve minimum 5 Green Star and 5 Star NABERSNZ ratings. Tenants can integrate further sustainability requirements into their spaces as desired.

Level 8 - 11

Prime office space

1,255m2

— Floors can be leased together, separately or sub-divided

Space and views

— Ready to occupy Q4 2026

The building offers large and efficient floorplates of up to 2,000m², and its protected island site provides 360 degree views and natural light to all floors.

— Part of vibrant new creative, commercial hub

110 Jervois Quay will be base-isolated to offer the gold standard in seismic performance. Base isolation is a premium technology that both protects a building’s occupants, and significantly decreases the likelihood of significant structural damage for fast reoccupation, fit-out protection, and lower insurance costs.

Best-in-class amenity The 110 Club Lounge is a dedicated employee amenity floor that features shared meeting spaces, an expansive social kitchen and break-out area, fitness areas plus yoga studios, and special-use spaces including parent and quiet rooms.

m2

Contact Paul Soulis +64 21 622 690 paul.soulis@cbre.co.nz

David Fisher +64 21 840 755 david.fisher@cbre.co.nz

68 Ward Street, Upper Hutt bluemountainscampus.co.nz

Flexible, resilient commercial spaces in green campus Blue Mountains Campus is the Wellington region’s new resilient business hub for both private and public sector organisations. It is also the Government’s official regional hub for co-locating government teams, and features KiwiRail and MBIE as anchor tenants.

Central to the campus’ unique offering is its focus on safety and its expansive park-like environment. The site boasts a naturally resilient hazard profile with no risk of flooding, tsunami or slope failure, along with low shaking and liquefaction risks.

This, partnered with the campus’ large lawns, mature elm and totora trees, green outlook, and wrap-around amenity, creates a unique and sought-after working environment that is difficult to replicate.

1,300m2 exceptional space ready to occupy now One final 850m2 floor, and a contiguous 450m2 half floor, of modern, 5 Green Star design-accredited office space is available to lease now within the refurbished Buddle Building in Stage 1 of the campus.

Arguably the best office accommodation available in the Hutt Valley, each space offers elevated green outlooks across the valley with great access to natural light on all sides.

Floors can be leased together, separately, or subdivided.

Leasing packages can be customised to meet tenant needs.

In addition, the Upper Hutt City Council is offering a substantial rates remission to tenants for 10 years (starting in 2023).

Key campus features Resilient location

Cost-effective office space

Large flexible floors

Park-like grounds

Excellent natural light

Min. 5 Star sustainability ratings*

Excellent transport links

Low-damage & IL3 design options

Cafe, end-of-trip, bike/car parking, EV charging *Targeted; excludes heritage buildings

Turnkey & bespoke flexible spaces Future campus stages are now being planned and will offer both turnkey and bespoke options for a range of commercial uses including workshops, offices, labs, tech spaces, and retail and amenity providers.

These spaces are set to be delivered across highly sustainable new mass timber buildings, and the refurbished heritage Hopkirk Building, with more than 10,000m2 of flexible space available to lease.

Developer Willis Bond is seeking expressions of interest now from businesses that are interested in taking space in this next stage of the campus, which will be ready to occupy from 2026, subject to tenant commitment and availability.

Stage

m2

Timing

Stage 1 / Level 2

450m2

Available now

Stage 1 / Level 3

850m2

Stage 2 (Heritage)

380m - 765m

Q3 2024

Stage 3 (Mass timber)

5,300m2

2026

Stage 3 (Mass timber)

5,300m2

2026

2

Available now 2

Contact Manoj Ediriweera Gus Brodie +64 +64 21 27471 859066 2532 manoj.ediriweera@cbre.co.nz gus.brodie@cbre.co.nz

Matt Hince +64 21 333 005 matt.hince@cbre.co.nz

Alive and Well The compelling insights of New Zealand’s global lead in hybrid working Office attendance and adopted workplace models 70% 60% 50% 40% 30% 20% 10% 0% Mostly remote, in office a few times a month

Hybrid, office based but with regular remote element Asia

US

In the office most of the time, few days a month remote

Full time in the office

New Zealand

Hybrid working is being more widely adopted by New Zealand organisations than in the US or Asia. This is just one of the findings that have emerged from CBRE’s recently published survey of New Zealand office occupiers, Hybrid Working In The New Zealand Workplace.

The detailed and quantitative survey data of purely NZ companies provides insights from 66 corporate real estate executives whose organisations represent 13 sectors and occupy 221,000sqm of office space across Auckland, Wellington and Christchurch. It has delivered many insights showing that the office is not an endangered species; showing that not only is the office far from dead, but over recent years New Zealand businesses have defied global trends and embarked on their own unique path.

The contrast of the New Zealand experience with the US and Asia is notable Among New Zealand office occupiers, 94% of organisations support hybrid working and 65% have adopted a balanced hybrid model that is office-based, with a regular remote element. By contrast, 22% of occupiers in the US are working to a predominantly remote model and a more balanced hybrid model only applies to a third of office occupiers. Across Asia, the balanced hybrid approach is even less prevalent, with predominantly office-based employment modes being adopted by two-thirds of occupiers according to CBRE’s 2023 APAC occupier survey.

Average number of days in the office during typical work week

On average, how many days per week do employees in your organisation work from the office?

4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Public sector

Individual employees Large make attendance occupiers decisions

Overall average

Senior leadership/HR Small make attendance occupiers decisions

Legal sector

Office attendance varies widely based on industry, organisational size, and where decisionmaking sits Average office attendance is 3.2 days a week, although this varies widely. Industry differences are marked, with attendance ranging from 2.5 days a week for the public sector to 3.9 days a week for the legal sector. Smaller occupiers are also more likely to be predominantly office-based compared to large occupiers.

“

The fact that the Crown accounts for circa 45% of all leased CBD office space in the Capital makes Wellington particularly vulnerable, with this sector spending the least number of days per week in the office.

We are seeing an obvious under-utilisation of office space leased to Government tenants, with the flow on to both retail and hospitality sectors causing some real concern.

“

Matt Hince, Senior Director of Office Leasing We learned that who makes the decision on office attendance also has an influence on time spent in the office. In organisations where individual employees are the primary determinants of when they go to the office, average attendance is 2.9 days a week, although there was a widespread of responses around this average. In private sector organisations where senior leadership/HR are the main decision-makers, attendance is higher at 3.4 days per week.

Decisions on the nature and extent of hybrid working are typically made at the middle management/individual team level in nearly half of organisations, with typical weekly attendance in this organisational model averaging 3.1 days per week. Individual employees determine office attendance in only 11% of organisations.

Senior leadership influence on decisions around hybrid working practices is expected to increase, leading to more time spent in the office.

The influence of senior leadership on hybrid working and office attendance is expected to increase in the next few years. The net result will likely be a reduction in remote working, with 21% of organisations looking to decrease the extent of hybrid working during the next two to three years, compared to 2% expecting to increase it.

This does not mean that the prevalence of hybrid working practices will fundamentally change. Nearly two-thirds of respondents think that current hybrid practices won’t, or are unlikely to, change. This indicates that we will likely see current practices being refined at the margins rather than a wholesale change back to a full-time office-based workforce.

A move to greater presence in the office reflects leadership concern about hybrid working’s cost/benefit trade-offs, and the optimal balance of office vs remote work.

It is noteworthy that although hybrid working is considered to have had a positive impact on organisational culture, with 73% of respondents believing that the experience has been at least “somewhat positive” or better, the top challenge arising from hybrid working is keeping and building a strong culture when people are in the office less.

This indicates that significant effort is required to build a strong organisational culture in hybrid workplaces.

However, the results also point to concerns that lower levels of face-to-face contact may have adverse longer-term consequences.

52% of NZ organisations have changed their workplace design as a result of new ways of working.

Nearly 90% of survey respondents have reduced, or are looking to reduce desk/workstation numbers and space allocated to traditional generic meeting rooms is also on the decline. Offsetting these changes there is increased focus on providing more communal and collaborative spaces alongside more private quiet spaces and focus rooms.

Occupiers are relocating to better quality office space to respond to the increasing importance of building amenities, and primarily public transport. 83% of respondents have indicated that being close to public transport is the most important building/location-level amenity for their organisations.

Kirstin Cooper, Senior Workplace Consultant, New Zealand, says that the survey is answering questions she hears most often from occupiers: ‘what is everyone else doing?’

“The survey has validated many things we were hearing anecdotally, but has also offered some surprising insights into what is actually happening and where the future of work is heading. Keeping and building a strong company culture is emerging as the greatest challenge, and we are having conversations with organisations about what that means to them in an evolving hybrid era. What is clear is that the onus is now on employers to provide high quality workplaces and amenities: the better the work environment, the more likely people are to work from there.

“Defining a hybrid working strategy is crucial to getting this right. We recommend occupiers take the time to understand how their people work, how they use their space, and what workplace elements are most important, so they can make well-informed real estate decisions and create dynamic and engaging work environments that really ‘earn the commute’.”

Zoltan Moricz, Executive Director Research for CBRE NZ, says: “This survey provides a valuable counter argument to the ‘office is dead’ mantra that is so often rolled out. The office is not an endangered species, and we are watching carefully the influence of senior leadership on hybrid working and office attendance, which is expected to increase in the next few years, leading to more time spent in the office.”

Fit-out in place

Great harbour views

Great natural light

End-of-trip facilities

Efficient floorplates

Excellent Natural Light Modern and professional 1 VICTORIA STREET, WELLINGTON CENTRAL

A rare opportunity exists to secure one or multiple floors in a tightly held building.

Available floors have modern fit-outs that can be adapted or reutilised, allowing for significant capital avoidance.

Located on the corner of Victoria Street, Hunter Street and Jervois Quay the floors provide for excellent natural light and harbour outlooks.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

P1

320sqm

3

625sqm

2

625sqm

4

625sqm

www.cbre.co.nz/WGN100196 Please contact your agent for more information

Gus Brodie

Paul Soulis

gus.brodie@cbre.co.nz +64 27 859 2532

paul.soulis@cbre.co.nz +64 21 622 690

Signage and naming rights

Great harbour views and location

Ample on-site parking

Close to all transport hubs

Great natural light

Fit-out in place

Prime Grade Office Space Naming rights available 125 THE TERRACE, WELLINGTON CENTRAL

125 The Terrace is a quality office building straddling The Terrace and Lambton Quay in the heart of Wellington’s CBD and close to a wealth of shopping and transport options.

Levels 17 and 19 comprising 872sqm each and part level 18 of 500sqm are available from approximately Q4 2024. The floors offer stunning outlooks and levels of natural light.

They can be leased with the existing fit-out in place or a base build refurbishment can be negotiated.

All floors are linked by an internal staircase which could provide 2,245sqm in total.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

17

872.2sqm

P18

500.8sqm

19

871.9sqm

Car Park

By negotiation

www.cbre.co.nz/WGN100207 Please contact your agent for more information

David Fisher

Matt Hince

david.fisher@cbre.co.nz +64 21 840 755

matt.hince@cbre.co.nz +64 27 859 2532

100% NBS C5 on The Golden Mile 318 LAMBTON QUAY, WELLINGTON CENTRAL

Situate yourself and your team in the heart of Wellington, surrounded by endless amenities, including a wide range of food options, shops, gyms and close to the government precinct. Efficient smaller floors with well-presented fit-outs and furniture ‘plug and play’ options are available. These floors allow organisations to occupy either part floors (from 150sqm), single or multiple office floors. Access to Urban Hub facilities include additional flexible workspace overflow, conference facilities and a hub to host clients.

AVAILABLE FOR LEASE

Please contact your agent for more information

LEVEL

AREA

LEVEL

AREA

6

461.9sqm

13

461.9sqm

7

461.9sqm

14

461.9sqm

8

461.9sqm

15

461.9sqm

10

461.9sqm

16

461.9sqm

12

461.9sqm

www.cbre.co.nz/WGN100199

Paul Soulis paul.soulis@cbre.co.nz +64 21 622 690

Matt Hince

matt.hince@cbre.co.nz +64 27 859 2532

Prime Location With Impressive Views PLIMMER TOWERS, LEVEL 31, 2-6 GILMER TERRACE, WELLINGTON CENTRAL

Located in the heart of Wellington’s CBD, the Plimmer Towers office space is in one of Wellington’s most desirable locations. It’s hard to find a better-positioned office space with an impressive street perspective and panoramic views over Wellington and the harbour. Various office options are available at this location. Visit Regus or contact them for more information.

Regus, discover a smarter way of working. Their fully-serviced private offices offer teams of all options, whether you need a single desk or a private suite, they provide office space that’s flexible to your needs and fully customisable.

Please contact your agent for more information

Gus Brodie

AVAILABLE FOR LEASE OFFICE NO.

AREA

OFFICE NO.

AREA

3102

27sqm

3114

10sqm

3110

24sqm

www.cbre.co.nz/WGN100215

gus.brodie@cbre.co.nz +64 27 859 2532

Paul Soulis paul.soulis@cbre.co.nz +64 21 622 690

Stylish Office Space in Wellington LEVEL 6, 1 WILLIS STREET, WELLINGTON CENTRAL

Give your team a stylish new home in this impressive 1 Willis Street centre premium building offering. Regus Coworking includes access to a global network with thousands of locations worldwide. They offer a highly trained reception and support team, secure, business-grade technology and WiFi, printers, cleaning, utilities and security.

Desk space is available by the hour, day or month, with the choice between open-plan space, a shared office or the option to take a dedicated desk reserved for you. Regular networking and community events, easy booking and account management are available via their app. The fully-serviced private offices offer teams of all sizes, should you need a private suite.

Please contact your agent for more information

AVAILABLE FOR LEASE OFFICE NO.

AREA

OFFICE NO.

AREA

628

35.1sqm

623

17.5sqm

620

26.2sqm

604

11.3sqm

624

15sqm

618

10sqm

625

15sqm

613

10.4sqm

www.cbre.co.nz/WGN100215

Paul Soulis paul.soulis@cbre.co.nz +64 21 622 690

David Fisher

david.fisher@cbre.co.nz +64 21 840 755

Inspiring Harbour Views LEVEL 15, 171 FEATHERSTON STREET, WELLINGTON CENTRAL

Make an impression on clients with the Wellington ANZ Centre’s idyllic location, providing stunning harbour views and easy access to the central business district. Get down to work in inspiring surroundings, with large communal spaces and uplifting natural light from floor-to-ceiling windows. Enjoy a screen break in the comfortable lounge, and unwind after work in the upmarket Queen’s Wharf dining and entertainment precinct. Make a home for your business with large offices that are fully serviced and have everything taken care of - from the furniture to the high-speed WiFi - so you can focus on driving your business forward. Find flexible office space for rent for as little as a day or stay for longer and personalise your space to suit the unique needs of your business. Regus fully-serviced private offices offer teams of all sizes, whether you need a single desk or a private suite, they provide office space that’s flexible to your needs and fully customisable.

Please contact your agent for more information

AVAILABLE FOR LEASE

Paul Soulis

OFFICE NO.

AREA

OFFICE NO.

AREA

1502

67sqm

1540

26sqm

paul.soulis@cbre.co.nz +64 21 622 690

1511

39sqm

1518

15sqm

Gus Brodie

www.cbre.co.nz/WGN100215

gus.brodie@cbre.co.nz +64 27 859 2532

Great harbour views and location

Great natural light

Close to all transport hubs

Excellent on-site amenities

End-of-trip facilities

Flexible Leases Available Available medium or long term TSB BUILDING - 147 LAMBTON QUAY, WELLINGTON CENTRAL

Perfect space to lease for medium to long term occupation.

Multiple office floors are available and represent a walk in opportunity with quality fit-outs in place and flexible term leases available.

The building is as centrally located as you could hope for and has an outstanding outlook from the tower floors overlooking Midland Park.

AVAILABLE FOR LEASE LEVEL

AREA

1

1,132sqm

7-14

490sqm/floor

www.cbre.co.nz/WGN100212 Please contact your agent for more information

Matt Hince

Paul Soulis

matt.hince@cbre.co.nz +64 21 333 005

paul.soulis@cbre.co.nz +64 21 622 690

Great harbour views and location

5 Star NABERSNZ target rating

Fit-out in place

Efficient floorplates

Available now

Great natural light

Flexible lease terms

Full Floor in Thorndon Flexible terms 85 MOLESWORTH STREET, THORNDON

5.5 star NABERS energy rated building. The Landlord has recently replaced the gas fired boiler with a modern hot water heat pump unit confirming their commitment to sustainability in this building.

Level ten contains a central services area with two meeting rooms and kitchen with perimeter open plan. This is a fresh clean space that can fit 40+ staff.

Carpeted and air conditioned space. Exposed ceiling, lighting/cabling trays. The central part of floor has suspended ceiling.

Great views of Thorndon and the harbour.

The landlord will lease short or long term.

AVAILABLE FOR LEASE LEVEL

AREA

10

455.7sqm

www.cbre.co.nz/WGN100206 Please contact your agent for more information

David Fisher

Gus Brodie

david.fisher@cbre.co.nz +64 21 840 755

gus.brodie@cbre.co.nz +64 27 859 2532

Great harbour views and location

Signage and naming rights

Excellent on-site amenities

End-of-trip facilities

5 Star Greenstar and NABERSNZ target rating

Resilient Office Building 9,546sqm available in late 2025 21 MANNERS STREET, TE ARO

21 Manners Street has undergone an extensive strengthening design process involving three engineering firms, with the main design led by Dr. Amir Moshref Technical Director of Structural at Miyamoto New Zealand.

Ninety dampers are being installed in the building to provide a low-impact, highly resilient building that has been designed well in excess of the current standard including C5 guidelines.

Upgrading an existing building has a significant environmental advantage, with the landlord ‘targeting’ a five-star NABERS rating.

Building amenities are an important aspect for this building in addition to seismic resilience. This will include an on-site private gymnasium complimentary to all tenants, secure bike storage (including charging for e-bikes), shower facilities, CCTV and a ground floor café incorporated within the buildings foyer.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

P1

204sqm

Level 2 - 13

718sqm/floor

P1

320sqm

Level 14

406sqm + deck

www.cbre.co.nz/WGN100209 Please contact your agent for more information

David Fisher

Paul Soulis

david.fisher@cbre.co.nz +64 21 840 755

paul.soulis@cbre.co.nz +64 21 622 690

Gus Brodie

Matt Hince

gus.brodie@cbre.com +64 27 859 2532

matt.hince@cbre.co.nz +64 21 333 005

Efficient floorplates

Close to all transport hubs

Ample on-site parking

Available now

Column free floors

Value on Willis Unparalleled amenities 18 WILLIS STREET, WELLINGTON CENTRAL

18 Willis provides tenants with an opportunity to benefit from a multimillion-dollar building upgrade, including being strengthened in 2022 to 80% NBS (C5), upgraded entry foyer and dining precinct upgrade, as well as complete base build upgrade to all vacant floors available in the building. Only four floors remain available, with level 11 recently leased by CBRE to Hawkins.

Contiguous floors provide an opportunity for larger organisations up to 1,828sqm to consider this offering. It is of appeal to tenants in the market who are looking to relocate to the CBD at an attractive rental.

The building contains additional amenities, from on-site eateries, CityFitness gym, a childcare facility, and ample on-site parking. It adjoins directly to the vibrant Willis Lane Precinct, a new entertainment offering for the capital.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

7

457.2sqm

9

457.2sqm

8

457.2sqm

10

457.2sqm

www.cbre.co.nz/WGN100129 Please contact your agent for more information

Paul Soulis

Gus Brodie

paul.soulis@cbre.co.nz +64 21 622 690

gus.brodie@cbre.co.nz +64 27 859 2532

Wellington Wellington CBD Office Vacancy The increasing drive among office occupiers to attract staff back to the office following Covid shutdowns has exacerbated the longer-term trend towards high-quality space.

Tenants’ preference for prime grade buildings has resulted in vacancy reducing to extremely low levels and prime rents increasing. Conversely, we are starting to see the emergence of higher levels of incentives in secondary grade spaces which is also starting to extend to some grade A offices.

Wellington CBD Office Vacancy

Vacancy (sqm)

98,700sqm to 104,379sqm). During this period, total vacant space in

12%

100,000

10%

80,000

8%

60,000

6%

40,000

4%

20,000

2%

0

0%

the CBD increased across almost all

Vacancy Space (sqm)

submarkets. This was more prevalent

was mainly due to backfill vacancy,

8%

2,000sqm of vacant space from the

6%

partially-occupied new building at 161

4%

Victoria Street (only 1,000sqm out of

2%

3,000sqm currently being leased in

0%

this building).

PrimePrime

Jun-21

A vacancy was due to an additional

Dec-20

10%

Jun-20

office market. The increase in Grade

Dec-19

12%

Jun-19

that is permeating the Wellington

Dec-18

Wellington CBD Office Vacancy by Market

Jun-18

fuelled by a flight-to-quality trend

Secondary Secondary

Jun-23

in Grade B vacancy by 3,595sqm

Vacancy (%)

Dec-22

Grade A submarkets. The increase

Vacant Space (sqm)

Prime (Premium and Grade A) vacancy increased from 2.3% to 2.8% (from 9,949sqm to 12,103sqm), while Secondary (Grade B to D) vacancy rose from 9.9% to 10.3% (from 88,751sqm to 92,276sqm).

Jun-22

in the Core CBD Grade B and Te Aro

Vacancy (%)

Dec-21

office area went up by 5,679sqm (from

120,000

Vacancy (%)

The amount of total CBD vacant

14%

Vacancy (%)

H1 2023, moving from 7.5% to 7.9%.

Vacancy (sqm)

CBD office vacancy increased during

140,000

Wellington Gross Effective Office Rents 800 700

$/sqm/annum

600 500 400 300 200 100

Prime

Wellington CBD Office Rents Wellington’s Prime office market continues to benefit from good rental

Jun-23

Mar-23

Dec-22

Sep-22

Jun-22

Mar-22

Dec-21

Sep-21

Jun-21

Mar-21

Dec-20

Sep-20

Jun-20

Mar-20

Dec-19

Sep-19

Jun-19

Mar-19

Dec-18

Sep-18

Jun-18

0

Secondary

June 2023 Secondary CBD office rents 3.0% higher than June 2022

June 2023 Prime CBD office rents 8.6% higher than June 2022

growth, although at lower rates than in some recent quarters. At a submarket

Wellington CBD Office - Supply for 2023

level, during this period gross effective

Wellington’s office market will receive 84,882sqm of new office supply in 2023. Most of the expected new supply for Core CBD for this year comes from the return to the market of the Asteron Centre, a 33,550sqm Grade A building, which continues to be the city’s largest office building.

Also, this year One Whitmore (17,100sqm) will become the sixth Premium building in the Wellington office market.

rents in the Premium and Grade A office submarkets increased by 1.4% and 1.2%, respectively, compared to the previous quarter.

Low Prime vacancy in the CBD office market and the prevalent flight-to-quality trend continue to underpin rental growth in top quality buildings. On the contrary,

No.

Name of Building

Street Number

Street Name

Suburb

Grade

Office NLA (sqm)

1

Victoria Lane Office Campus Stage 1

161

Victoria Street

Te Aro

A

3,000

2

Environment House

23

Kate Sheppard Place

Thorndon

A

5,400

3

Bowen Campus Stage Two

44

Bowen Street

Thorndon

A

11,549

4

Bowen House

1

Bowen Street

Wellington Central

A

14,283

5

One Whitmore

1

Whitmore Street

Wellington Central

P

17,100

6

Asteron Centre

55

Featherston Street

Wellington Central

A

33,550

Secondary office rents remained stable during Q2 2023 for a second quarter in a row. In Q2 2023, CBD Prime gross effective rents averaged $679 per sqm (up by 1.3% compared to Q1 2023) and CBD Secondary gross effective continued to remain stable at $394 per sqm.

Great Location

Large efficient floorplates

Fit-out in place

Good floor to ceiling height

Flexible lease terms

Available Q1 2024

Large Floor with Fit-out Character building 86 CUSTOMHOUSE QUAY, WELLINGTON CENTRAL

A single full floor in 86 Customhouse Quay has become available following a restructure of the buildings leases.

The floor which is available in Q1 2024, contains a variety of meeting rooms, a large kitchen and open plan areas.

Besides the main lift bank at the building entrance two rear goods lifts and stairs provides convenient access to the basement and adjoining streets. Carparks and a bike park facility are available for tenants. This is a rare offering in Wellington in a great location.

AVAILABLE FOR LEASE LEVEL

AREA

3

1,157sqm

www.cbre.co.nz/WGN100208 Please contact your agent for more information

David Fisher

Paul Soulis

david.fisher@cbre.co.nz +64 21 840 755

paul.soulis@cbre.co.nz +64 21 622 690

Signage and naming rights

Great harbour views and location

Close to all transport hubs

5 Star Greenstar and NABERSNZ target rating

End-of-trip facilities

Good floor to ceiling height

Strengthened & Refurbished Multiple floors available 80 THE TERRACE, WELLINGTON CENTRAL

Upon completion 80 The Terrace will be a quality 100% NBS C5 compliant office building in central Wellington with excellent access to the CBD and the Government Precinct.

It is being future proofed targeting a 5-star NABERSNZ rating and a Green Star rating. The property contains over 100 car parks and will feature new end-of-trip facilities.

The seismic remediation project involves fitting fluid viscous damper technology, the latest advancement in ensuring businesses have the best possible chance to occupy their space after a seismic event.

AVAILABLE FOR LEASE LEVEL

AREA

Multiple

780sqm

to

10,600sqm

www.cbre.co.nz/WGN100145 Please contact your agent for more information

Matt Hince

David Fisher

matt.hince@cbre.co.nz +64 21 333 005

david.fisher@cbre.co.nz +64 21 840 755

Great Location

Good floor to ceiling height

On-site cafe

Fit-out in place

Tech Hub

Available now

Wellington’s Innovation Hub One of a kind character 3 MARKET LANE, WELLINGTON CENTRAL

3 Market Lane presents a fantastic opportunity to position your business in the growing innovation hub of Wellington’s Taranaki Wharf waterfront precinct, which is surrounded by some of New Zealand’s most prestigious and creative companies.

The available space spreads across three floors which are connected via an internal staircase. All floors are packed with artistic features which complement the modern character fit-out, comprising of a multitude of small-large meeting rooms, including a ‘grandstand’ meeting area. At the tip of the bullnose is a commercial-style kitchen with ample break-out space. The open-plan permitter desking has been designed to take full advantage of the stunning natural light.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

Part Ground

637sqm

2

1,005qm

Mezzanine/level 1

317sqm

Total

1,959sqm

www.cbre.co.nz/WGN100020 Please contact your agent for more information

Gus Brodie

David Fisher

gus.brodie@cbre.co.nz +64 27 859 2532

david.fisher@cbre.co.nz +64 21 840 755

Signage and naming rights

Efficient floorplates

On-site parking

Great natural light

Prominent Te Aro Office Strengthened & refurbished 54 CAMBRIDGE TERRACE, TE ARO

54 Cambridge Terrace is a low-rise commercial office building in Te Aro undergoing significant strengthening to 80% NBS including accounting for C5 yellow book guidelines and extensive refurbishment.

This provides a great opportunity for an organisation to secure single or multiple office floors before completion in mid-2024.

The building presents very efficient large 874sqm floors, enabling organisations that may currently occupy multiple floors to downsize to a single floor.

Owned and managed by Primeproperty Group, one of Wellingtons largest and most proactive landlords.

AVAILABLE FOR LEASE LEVEL

AREA

LEVEL

AREA

1

874sqm

4

874sqm

2

874sqm

5

430sqm

3

874sqm

L5 Deck

335sqm

www.cbre.co.nz/WGN100218 Please contact your agent for more information

Paul Soulis

Gus Brodie

paul.soulis@cbre.co.nz +64 21 622 690

gus.brodie@cbre.co.nz +64 27 859 2532

Abundant nearby amenities

Good floor to ceiling height

Signage rights

Fit-out in place

End-of-trip facilities

Character on Courtenay Architecturally designed 25 COURTENAY PLACE, TE ARO

Introducing 25 Courtenay Place, Te Aro’s finest character offering.

This heritage building was home to Wellington’s oldest cinema before it underwent a significant programme of repurposing, refurbishment and strengthening works to convert the former Paramount Picture theatre into office accommodation and hospitality.

Available, are two levels of office space suitable for modern ways of working including meeting rooms, collaborative spaces, and open plan areas. Additionally, the spaces feature a number of balconies, bars and kitchen areas suitable for hosting after client and work events. Packed with unique character, infused with a modern twist including exposed ceilings, structural beams and a high pitched stud - this opportunity is not to be missed.

AVAILABLE FOR LEASE LEVEL

AREA

P1

640sqm + 67sqm Deck

P1

268sqm + 24sqm Deck

L2

339sqm + 146sqm Rooftop

All

1,484sqm

www.cbre.co.nz/WGN100078 Please contact your agent for more information

Gus Brodie

Paul Soulis

gus.brodie@cbre.co.nz +64 27 859 2532

paul.soulis@cbre.co.nz +64 21 622 690

Digital Nomad | On the Waterfront PWC CENTRE, 12A & 12B WATERLOO QUAY, WELLINGTON CENTRAL

Digital Nomad loves their harbour front in Whangaui-a-tara, so why not work in it?! And it’s the safest building in town - base isolators, the works. Digital Nomad is a boutique, premium provider of shared workspaces and private offices across multiple central Wellington locations. They keep it easy for their members: everything you need from limitless coffee to photocopying, e-desks to secure internet - all for one easy monthly price. Sixteen workstations, meeting room, kitchen, end-of-trip facilities - you and your team will be buzzing.

Options are available for those seeking exclusive use of the space for their team.

AVAILABLE FOR LEASE

Please contact your agent for more information

LEVEL

AREA

Paul Soulis

David Fisher

16 work stations

paul.soulis@cbre.co.nz +64 21 622 690

david.fisher@cbre.co.nz +64 21 840 755

12A: Ground floor 12B: Ground floor

www.cbre.co.nz/WGN100221

Digital Nomad | 360° Harbour Views 22 WILLESTON STREET, WELLINGTON CENTRAL

Wow…! Well, that’s what everyone says as they step out of the lift… What a great way to inspire your team (and clients), they’ll love it. Digital Nomad is a boutique, premium provider of shared work spaces and private offices across multiple central Wellington locations. The space has everything you need from limitless coffee to photocopying, e-desks to secure internet - all for one easy monthly price. Work from home or be literally surrounded by breathtaking views… that’s an easy one.

Level 14/22 Willeston Street - 38 workstations, one private office, four meeting rooms. Options are available for those seeking exclusive use of the space.

AVAILABLE FOR LEASE LEVEL

AREA

14

38 work stations

www.cbre.co.nz/WGN100221

Please contact your agent for more information

Paul Soulis

David Fisher

paul.soulis@cbre.co.nz +64 21 622 690

david.fisher@cbre.co.nz +64 21 840 755

Digital Nomad | New York Style Loft 131 WILLIS ST, WELLINGTON CENTRAL

Spoil your team in this completely renovated open-plan upstairs ‘loft’ in buzzy Willis Street. Digital Nomad is a boutique, premium provider of shared workspaces and private offices across multiple central Wellington locations. They keep it easy for their members: everything you need from limitless coffee to photocopying, e-desks to secure internet - all for one easy monthly price. Here’s a great opportunity to ‘get hip’ with this funky workspace, urban and urbane, and a deck for your after-work refreshments. Options are available for those seeking exclusive use of the space for their team.

131 Willis Street - 28 workstations, one private office, two meeting rooms.

AVAILABLE FOR LEASE LEVEL

AREA

1

28 work stations

www.cbre.co.nz/WGN100221

Please contact your agent for more information

Paul Soulis

Gus Brodie

paul.soulis@cbre.co.nz +64 21 622 690

gus.brodie@cbre.com +64 27 859 2532

Digital Nomad | Golden Mile 330 LAMBTON QUAY, WELLINGTON CENTRAL

It’s the very heart of the Golden Mile, exactly where you need to be for your meetings and business engagements.

Digital Nomad is a boutique, premium provider of shared workspaces and private offices across multiple central Wellington locations. They are the Capital’s top provider of flexible spaces, an industry taking the world by storm in this post-Covid/work-from-home era.

Digital Nomad keeps it easy for their members: everything you need from limitless coffee to photocopying, e-desks to secure internet - all for one easy monthly price. Alternatively, you may prefer exclusive use of this space in a subletting arrangement, no problem.

330 Lambton Quay - art deco character, 28 workstations and two meeting rooms.

AVAILABLE FOR LEASE

Please contact your agent for more information

LEVEL

AREA

David Fisher

Paul Soulis

Mezzanine

28 work stations

david.fisher@cbre.co.nz +64 21 840 755

paul.soulis@cbre.co.nz +64 21 622 690

www.cbre.co.nz/WGN100221

Auckland

Wellington

Christchurch

Campbell Pritchard +64 21 870 614

Matt Hince +64 21 333 055

Mitchell Wallace +64 27 664 4773

There’s potential in every space.

You just have to know how to realise it.

We work in every dimension of commercial real estate. Our mission is to realise the potential in all the businesses and people we work with, so that together we can create the real estate solutions of the future.

We are driven by the entrepreneurial spirit of our people and the diverse needs of our clients. From instilling confidence in investors today, to re-imagining space requirements for tomorrow, we thrive in complex and ever-changing environments.

If you’re considering your options in Auckland or Christchurch, we have a team of experts to find the best solutions for you and your business. Contact one of our office leasing specialists today.

Learn more at cbre.co.nz

To find a workspace you’ll love, contact the office leasing team today.

VISIT US ONLINE WWW.CBRE.CO.NZ/WORKSPACE-WELLINGTON

Matt Hince

David Fisher

Paul Soulis

Gus Brodie

Senior Director -

Director -

Associate Director -

Negotiator -

Office Leasing matt.hince@cbre.co.nz +64 21 333 005

Office Leasing david.fisher@cbre.co.nz +64 21 840 755

Office Leasing paul.soulis@cbre.co.nz +64 21 622 690

Office Leasing gus.brodie@cbre.co.nz +64 27 859 2532

© 2023 CBRE (Agency) Limited, Licensed Real Estate Agent (REAA 2008) The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and seek your own independent financial and legal advice. The information must not be relied upon to make any commericial decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice.