Colliers Auckland City Lease | 2021

Auckland City Lease

Licensed under REAA 2008

Matt Lamb Director Commercial Leasing

Sam Gallaugher Director Commercial Leasing

Welcome Welcome to Colliers Leasing Magazine 2021. It’s certainly been a year to remember since our last release, and we’re excited to bring you this year’s edition with lots of positive news from the office sector.

The progressive new space has far exceeded our expectations, not only for our people, but for allowing us to showcase first-hand the benefits of a workplace that encourages collaboration and a range of workstyles.

We started 2021 busier than ever with many occupiers revaluating their office requirements and taking advantage of opportunities in the market. If there’s one thing that the global pandemic has taught us, it’s the importance of creating a workplaces with flexibility and collaborative space for people to thrive. It’s encouraging for the future of our industry to see many business leaders prioritising their workplace strategies, and a flight to quality has become apparent.

We’re particularly pleased with the number of new opportunities for occupiers and, most importantly, the calibre of options provided.

At Colliers, we’ve moved our NZ HQ for the first time in 30 years into new office premises at 188 Quay Street with a completely new fit-out by Warren and Mahoney.

We’d like to thank the owners who have helped bring Colliers Leasing Magazine 2021 to new heights. With plenty of high-quality opportunities, there’s a lot for occupiers to peruse. If you don’t find the right space within or need more information, our 12-strong team of dedicated professionals is happy to discuss your requirements and provide a customised option.

We look forward to helping you with your next big property move. 

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26

Alberts delivers high quality workspace for SMEs in five Auckland CBD locations

Mansons’ most ambitious green development underway at Fifty Albert

Confidence in future of city centre

32

38

50

Connecting small to medium occupiers with the right space

More options and higher-quality office space, the silver lining for occupiers

Bold and progressive new Auckland HQ for Colliers at 188 Quay St

62

70

72

Auckland’s active office scene

Auckland’s fast evolving tech industry a big boost for office space

Meet the Team

Colliers Leasing Magazine 2021

10

1

Feature Articles

208 11

deals done in 2020 brokers

2

Colliers Leasing Magazine 2021

182

combined years of experience

73,896

m2

Colliers Leasing Magazine 2021

3

of space leased in 2020

Disclaimer: Colliers NZ makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own enquiries as to the accuracy of the information. Colliers NZ excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication’s content is the copyrighted property of Colliers NZ and/or its licensor(s). ©2021. All rights reserved.

50 Albert Street, Auckland Central WELLNESS RATED

6-STAR GREEN STAR DESIGN

NEW BUILD

CENTRAL LOCATION

LARGE EFFICIENT FLOOR PLATES

TARGETED COMPLETION Q4 2023

Key Lease Details

4 Colliers Leasing Magazine 2021

LEVEL

AVAILABLE

1

1,960m²*

2

2,340m²*

3

2,340m²*

4

2,239m²*

5

2,184m²*

6

2,184m²*

7

2,184m²*

8

2,184m²*

9

2,184m²*

10

2,184m²*

11

2,184m²*

12

2,184m²*

* Subject to change

The latest development by Mansons TCLM, Fifty Albert, will comprise 12 levels of office plus ground floor retail, a rooftop terrace and four levels of car parking on the corner of Mills Lane and Albert Street in the CBD. As trail blazers of green building, having built the most certified Green Buildings in New Zealand, Mansons are targeting a world-leading 6-star Green Star rating from the New Zealand Green Building Council, as well as NZ’s first full wellness rating.

The new office tower is perfectly positioned to benefit from the ongoing transformation of Albert street, while also being just a short walk to Commercial Bay and Britomart Transport Station. Fifty Albert’s location is an obvious drawcard for occupiers.

Fifty Albert has been designed to support occupiers’ desire for technology-enabled, collaborative workspaces, while providing a built-environment that’s not only healthy, but makes people want to come into the office.

The building is now under construction with expected completion in late 2023.

Paul Dyson +64 21 423 722

Rob Bird +64 21 358 188

5 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-nzl67015548

23 Customs Street, Auckland Central TARGETING 4 STAR NABERSNZ RATING

END OF TRIP FACILITIES

SPECTACULAR VIEWS

CLOSE TO MULTIPLE PUBLIC TRANSPORT

ON-SITE DINING PRECINCT

Key Lease Details LEVEL

AVAILABLE

6

655m² AVAILABLE 1 APRIL 2022

6 Colliers Leasing Magazine 2021

7

656m²

12A

204m²

14D

255m²

The Citibank Centre is home to the popular Snickel Lane - where you will find bars, restaurants and other amenities.

Britomart is a short stroll away, as well as everything Queen Street has to offer. The efficient side core floor plates provide flexibility to create fit outs that suit all organisations and the upper levels enjoy fabulous harbour views.

The building has excellent end of trip facilities, bike parks and basement car parks. In addition to this, it is energy efficient, targeting a 4 star NABERSNZ rating and has been upgraded to LED lighting with occupancy sensors.

Eileena Stoddart +64 21 313 325

Chris Palmer +64 21 558 355

www.colliers.co.nz/p-nzl67013763

246 Queen Street, Auckland Central 4.3M FLOOR TO CEILING

END OF TRIP FACILITIES

RETAIL AMENITY ON-SITE

WHOLE ADJOINING FLOORS

Key Lease Details LEVEL

AVAILABLE 390m²

LEASED

4

180m² – 1,036m²

6

1,036m² UNDER NEGOTIATION

7

5

1,039m²

7

1,038m²

8

1,018m²

Colliers Leasing Magazine 2021

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246 Queen Street is leading the regeneration of Midtown. Having just completed a full renovation, designed by Fearon Hay Architects, 246 Queen is set to become a mid-city icon once again. The eight level building links Lorne and Queen Streets, with double street frontages, and elevator and escalator access between the two.

The contemporary loft-style office spaces on all floors have been fully renovated focusing on the large lightwell through the centre of the building. The large, efficient floor plates have been designed with east and west facing windows, open plan layouts, exposed services and new bathroom facilities.

Transport is easy, with downtown ferry, rail and bus links only a 10 minute walk away. The area will benefit from increased activity with the creation of the new City Rail Link.

Chris Palmer +64 21 558 355

Lucy MacKenzie +64 27 774 4753

www.colliers.co.nz/p-nzl67011133

35 Graham Street, Auckland Central END OF TRIP FACILITIES

NAMING RIGHTS AVAILABLE

COMPLETION DUE 2024

SECURE ON-SITE CAR PARKING

Key Lease Details LEVEL

AVAILABLE

Ground

1,251m² – 1,463m²

8 Colliers Leasing Magazine 2021

Level 1

3,480m²

Level 2

3,075m² + Terrace

Level 3

3,380m²

Level 4

3,452m²

Level 5

3,531m²

Premium office space is available in the impressive redevelopment of 35 Graham by internationally renowned architect Woods Bagot in Auckland’s Victoria Quarter.

The original building will undergo a massive transformation, adding an additional three storeys to create a revolutionary new office space that retains the character of the heritage building. The redevelopment is set to target 5-star Green Star Design and have a meticulously designed lobby and landscaped outdoor area that will be bookable as presentation and function spaces.

Multiple spaces are on offer with large side-core floorplates that enable flexibility and efficiency, as well as exclusive naming rights that will be viewable from one of the CBD’s main arterials.

35 Graham Street is in a hyper-connected gateway location with excellent surrounding amenity and access to Victoria Park, Les Mills, Wynyard Quarter and Viaduct Harbour.

Sam Gallaugher +64 21 885 474

Paul Dyson +64 21 423 722

9 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-nzl67014000

Alberts delivers high quality workspace for SMEs in five Auckland CBD locations

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When looking for a new way of working that offers community, culture, exquisite design and the latest technology, small to medium-sized businesses (SMEs) need look no further than Alberts. Alberts sets out to redefine the modern workplace, providing aspirational workspace design, modern technology solutions, high-quality meeting spaces and exceptional amenities.

Colliers Leasing Magazine 2021

A concept initially launched in the redeveloped West Plaza building at 1 Albert Street, the Alberts Private Suites, Bespoke Suites and Members Club concept has proven extremely popular with regular enquiry for space in the iconic building.

Nakita Carroll, Alberts General Manager says that shifting into Alberts is easy as the team aim to make the workplace solution simpler for tenants and members.

“We want to provide the opportunity for tenants to grow while upgrading to A-grade premises. By offering them a choice of five CBD locations they can select the right type of workspace to suits their needs. The hardest part for our new tenants is deciding which option and building offer the best services, location and nearby amenities for their business.

“We want to provide the opportunity for tenants to grow while upgrading to A-grade premises.”

“We have had incredibly high enquiry for our flagship property at 1 Albert Street, especially for Alberts Private Suites. In order to meet growing demand we are building more of our Private Suites with expected completion of Q4 this year.

For those looking for a larger floorplate, we also have full floor availability at 1 Albert.”

SECURE THE RIGHT LOCATION ON THE RIGHT TERMS Offering options to suit all needs, Alberts provides fully-fitted secure office spaces alongside high-tech shared meeting rooms and common areas. An allinclusive leasing model provides access to relevant workspaces that lower expenses, manage risks and has a greater emphasis on collaboration through building an aspirational culture and community.

Kylie Metzener, Alberts Leasing Manager explains Alberts offers three tenant options. “Alberts Private Suites are ready-to-use secure offices where you can easily walk in and start working. These are perfect for SME teams of 4-15 people and is a cost-effective and efficient way to provide teams with a central city hub at an excellent price.

“Traditional lease terms are available mainly for large floorplates and are intended to suit tenants with a more specific requirement. We also have the Alberts Bespoke option which caters to SME teams of 15 or more where the space is designed and built by Alberts in collaboration with the tenant, essentially creating a custom-built space.”

LOCATIONS Along with 1 Albert Street, Alberts workspaces are also located at 10 & 12 Viaduct Harbour Avenue, 110 Customs Street West, 87 Albert Street, 60 Federal Street and 16 Kingston Street.

Metzener explains that Fusion will create further opportunities for SMEs, especially those looking for smart office space in a central CBD location that’s close to public transport and entertainment. “Fusion sits right by the new Aotea Station and SkyCity. It is a fantastic solution for a cost-effective entry into the CBD. Once works to connect the properties is complete, tenants there will have access to the same Alberts service currently available at 1 Albert Street, with Alberts Club, meeting rooms and concierge all on-site and an extra perk is that 87 Albert Street also has car parking.”

110 CUSTOMS STREET WEST This property is being re-positioned to provide premium offices inspired by the boutique offices found in Chelsea and Kensington. Designed for those who want to impress, all elements of the property are being designed and finished right down to the last detail, with furnishings and fittings that are the best in the market.

“110 Customs Street West is a premium location right on Auckland’s Viaduct Harbour with fabulous harbour views, on-site car parking and immediate access to top bars and restaurants or your boat,” says Metzener. “If your business is all about setting a high standard and making a great impression for clients, 110 Customs Street West is the property for you.”

Sister buildings 10 & 12 Viaduct Harbour Avenue are nestled between downtown and Wynyard Quarter, benefiting from a central location whilst enjoying the calm of the Viaduct Basin.

At 12 Viaduct Harbour is Alberts flagship hospitality offering, Lawn Café + Bar, which feeds and waters tenants and locals alike. The F45 training gym is also located there.

“Our Viaduct Harbour offerings are two very stately buildings that have modern facilities and benefit from end of trip facilities, on-site car parking and easy access to motorways and popular urban areas such as Ponsonby, Herne Bay, Freemans Bay and Grey Lynn,” says Metzener. “This space will provide a highend experience for your company and clients, without challenging your bottom line.”

1 ALBERT STREET 1 Albert Street is the property where the Alberts model started and has made a big impact on many SMEs. With Alberts Club floor and Palmer, the new Alberts restaurant and bar offering set to open this spring, this property continues to raise the bar.

“Everyone talks about 1 Albert Street,” says Metzener.

“It is a fantastic building largely due to the level of detail that went into its renovation and the fact that we have put a lot of time and effort into developing Alberts there and this is something we are now able to inject into our other properties.”

11

In March this year, it was announced that Alberts parent company Auckland Real Estate had purchased 16 Kingston and 60 Federal Streets. This was a strategic move to enable the two properties to be redeveloped to join up with 87 Albert Street in a project termed Fusion.

10 & 12 VIADUCT HARBOUR AVENUE

Colliers Leasing Magazine 2021

FUSION – 87 ALBERT STREET, 16 KINGSTON STREET AND 60 FEDERAL STREET

WORLD-CLASS AMENITIES, DESTINATION FOOD & BEVERAGE, AND A PRIVATE TENANTS’ CLUB Alberts is also working to redefine the modern workplace by creating a community-led members club.

Richard Wheatley, Director at Brand Counsel recently moved to 1 Albert Street. With hospitality and additional club options soon to be released, Wheatley says he is excited about what is being rolled out and is most looking forward to heading to Palmer, the new restaurant and bar on a Friday after work. “It will be nice to pop down for a coffee during the day too. Both areas will be a bonus. I was sold

“Ultimately we look to create an inspiring and ambitious place for SMEs to engage, network and succeed”

on the concept of the shared space on level 1 and all the meeting rooms anyway, but it will be even more special to have the restaurant, theatre and Club space as well.”

The Alberts concierge team provides outstanding service from welcoming guests, booking meetings, planning events and organising catering. Alberts Club Manager Cornelia Weston says that understanding tenant requirements allows her concierge team to cater for the tenants’ entire day. “Ultimately we look to create an inspiring and ambitious place for SMEs to engage, network and succeed and I believe that is what we have at Alberts.” Wheatley from Brand Counsel agrees, “One of the big positives for us is the concierge team. They are all very welcoming and give a good impression to our clients. When we meet our clients on level 1 the concierge has already set the tone for the meeting or presentation. We know our clients are already having a good experience – before we even show up.”

“Our team would love the opportunity to show you around Alberts and demonstrate what we believe makes us different and how Alberts plays out across our property portfolio”, says Weston. “We’re sure you’ll want to be part of the Alberts community very soon.” 

12 Colliers Leasing Magazine 2021

ALBERTS.NZ

@WEAREALBERTS

34 Shortland Street, Auckland Central ON-SITE CAR PARKING

ON-SITE CAFÉ

AVAILABLE NOW

NEW OWNERSHIP

Key Lease Details LEVEL

AVAILABLE

8

819m²

14 Colliers Leasing Magazine 2021

9

432m²

11

812m²

13

374m²

15

442m²

As the backbone of the city’s legal and financial precinct, many of Auckland’s most admired and respected companies have chosen Shortland Street as their address. Previously known as the Auckland Club tower, 34 Shortland Street was purchased by Stride Property Group in 2020, a well-respected listed commercial property firm who is investing in the building’s future.

This respectable office development has a welcoming café and a convenient rear escalator allowing easy access from Fort Street. There is secure on-site parking with easy access from Shortland Street and it is also a quick walk to Britomart. With numerous cafes, bars and eateries at your doorstep, or a quick walk to Britomart precinct, you’ll be spoilt for choice at 34 Shortland Street.

The full floor that is available on level 8 is being entirely refurbished by Stride who are happy to work with the incoming tenant to help build their office of the future.

Chris Palmer +64 21 558 355

Kendall Grey +64 21 37 37 26

www.colliers.co.nz/p-nzl67013727

22 Fanshawe Street, Auckland Central 100% NBS SEISMIC RATING

AVAILABLE JAN 2022

CAFE AMENITY ON-SITE

ON-SITE CAR PARKING

END OF TRIP FACILITIES

Key Lease Details AVAILABLE

3B

306m²

8

610m²

15

LEVEL

Colliers Leasing Magazine 2021

22 Fanshawe has been reinvigorated and repositioned to provide a superior office solution for businesses seeking a convenient location, featuring the very best location, along with the very best interior design and building operations.

Situated on the corner of Fanshawe, Federal and Wolfe Streets, the building is directly opposite the Downtown car park, Commercial Bay and the waterfront. Handy to all forms of public transport, including the Ferry Terminal and Britomart Transport Centre that are within five minutes’ walking distance.

The building provides end of trip facilities, on-site car parking for both staff and visitors and enjoys a vibrant café with an outdoor eating area.

The upper levels enjoy stunning harbour views and bespoke fitouts can be created to suit your organisations unique brand and culture.

Eileena Stoddart +64 21 313 325

Kendall Grey +64 21 37 37 26

www.colliers.co.nz/p-nzl67008497

85 FORT STREET  Fully fitted and furnished 300m2 floors available  Options range from 24-28 workstations

CHARACTER OFFICE SPACE FOR LEASE

 Premium location  End of Trip facilities  On-site café/restaurant  High quality character space secure your full floor now.

Kendall Grey 021 373 726 Chris Palmer 021 558 355

colliers.co.nz/p-nzl67015289 Colliers NZ Ltd, Colliers, REAA 2008

SPACES AVAILABLE Various

200m2

Available

33 FEDERAL STREET  Levels 1 and 2 are currently undergoing new base build/warm fitouts - completion August/ September 2021

PREMIUM CBD BOUTIQUE ON FEDERAL SQUARE

 High car park ratio and great motorway access  Base build upgrade completed including new services, lobby and plaza  A short walk to the Ferry Terminal, Commercial Bay, the Viaduct and Britomart Transport Centre  Excellent range of local amenity including Commercial Bay  Fantastic amenity with Daily Bread on-site.

Kendall Grey 021 373 726 Chris Palmer 021 558 355

colliers.co.nz/p-nzl67001661 Colliers NZ Ltd, Colliers, REAA 2008

SPACES AVAILABLE Level 1

215m2

Available

Level 1

140m

2

Leased

Level 2

219m2

Leased

Mansons’ most ambitious green development underway at Fifty Albert 18 Colliers Leasing Magazine 2021

Mansons TCLM continue their quest to create office spaces for the future of work with their latest development, Fifty Albert, now underway in Auckland’s CBD. Fifty Albert will rise 16 floors from the corner of Mills Lane and Albert Street, with 12 levels of office, 637m2 of ground floor retail plus four-levels of car parking and a rooftop terrace, when it completes in late 2023.

As trail blazers of green building, having built the most certified Green Buildings in New Zealand, Mansons are targeting a world-leading 6-star Green Star rating from the New Zealand Green Building Council, as well as NZ’s first full wellness rating.

“At Fifty Albert we’re taking this one step further by targeting a world-leading 6-star Green Star rating”

Fifty Albert will be the most sustainably built and ambitiously green undertaking to date, says Director Culum Manson.

“Given the immense impact of buildings on the environment, we’ve made a massive commitment to building green. Green Buildings provide a substantial contribution to New Zealand’s environment through

reducing the amount of waste, greenhouse gas emissions and energy that traditional building methods consume.

“At Fifty Albert we're taking this one step further by targeting a world-leading 6-star Green Star rating, as well as including wellness aspects into the building’s design. The wellness rating reflects our expanded focus that goes beyond energy efficiency to a more holistic approach that incorporates how buildings affect the people who occupy them.

“We’ve taken a lot of learnings from Covid, and see this as an opportunity to implement these by creating a built environment that’s fit for occupiers’ changing requirements.

“Fifty Albert has been designed to support occupiers’ desire for technology-enabled, collaborative workspaces, while providing a built-environment that’s not only healthy, but makes people want to come into the office.

“We understand that office design affects the health and wellbeing of occupants in many ways, and that creating office spaces that are healthier and more enjoyable places to work has a tangible impact on productivity and workplace satisfaction.

“The building will enable tenants to opt into a tracking system that measures a range of aspects that contribute to wellness including air quality and ventilation, amount of natural light and ability for physical movement.”

“We believe that these large and efficient floor plates will be very appealing to corporate occupiers who want the collaborative benefits of having more of their people on less floors. The blank canvas opportunity of a brand-new building and availability of naming rights will add further appeal.

“Construction has begun without any tenant precommitment as we know the demand is there.”

Manson says the development is perfectly positioned to benefit from the ongoing transformation of Albert Street.

“Albert Street has been significantly revamped since construction of the CRL tunnel underneath was completed earlier this year. The street has been restored and improved with wide footpaths, street furniture, trees and bus bays that make it an attractive walking route.

At some 30,000m2 the project will also be the largest new office development in the country, an investment that might be considered risky by many, but one that Mansons are confident about.

“While our initial plans for the site were put on hold in 2020, higher than ever demand for quality office space prompted reignition of the project.

“What’s unique about Fifty Albert is the sheer volume of space available in the central city. Floor plates of some 2,700m2 with stud heights over three metres is typically a suburban product that’s rarely available in the CBD.

“Continued growth is evident with other large developments either underway or in planning stages.

For example, a new voco hotel and Holiday Inn Express is nearing completion on the corner of Albert and Wyndham Streets.

“At just over 250m from Commercial Bay, with proximity to Britomart, Queen Street and the waterfront, Fifty Albert’s central location and access to amenity are obvious drawcards for occupiers. Add the highly anticipated City Rail Link that will run directly below, and Albert Street is shaping up to be a main thoroughfare in the CBD.” 

Colliers Leasing Magazine 2021

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“Fifty Albert will be the most sustainably built and ambitiously green undertaking to date”

205 Queen Street, Auckland Central AVAILABLE NOW

AMPLE ON-SITE CAR PARKING

RETAIL AMENITY ON SITE

CLOSE TO MULTIPLE PUBLIC TRANSPORT

END OF TRIP FACILITIES

Key Lease Details LEVEL

AVAILABLE

Various

105m2 - 3,500m2

20 Colliers Leasing Magazine 2021

Various office options with fit outs in place await the discerning tenant. This quality building provides columnfree floor plates with eighteen zone air conditioning and double glazing for energy efficiency and comfort.

A modern refurbished entrance lobby and cafe was completed in 2020. Incorporated in this refurbishment is a designated complimentary business lounge complete with two large boardrooms, meeting spaces, breakout areas and quiet spaces, which are available for tenants, as well as on-site car parking and additional parking near by.

Sam Gallaugher +64 21 885 474 Kendall Grey +64 21 37 37 26

Eileena Stoddart +64 21 313 325

www.colliers.co.nz/p-nzl67010775

Position your business in New Zealand’s two billion dollar lifestyle precinct, Commercial Bay. Commercial Bay is the new precinct on Auckland’s waterfront comprising five connected office towers, including the new PwC Tower, Jarden House, HSBC Tower, 29 Customs Street and One Queen Street (currently under re-development).

Jarden House

HSBC Tower

21 Queen Street

188 Quay Street

Levels 7, 6 & 3 available 562sqm - 914sqm

Located at main entrance to Commercial Bay

Levels 13 & 7 available

Unobstructed Harbour views

473sqm - 509sqm

Direct access to Commercial Bay

New premium lobby completed 2021

Premier waterfront address

New premium lobby

5-star Green Star rated

29 Customs Street

PwC Tower 15 Customs Street

Levels 16, 15 & 9 available

Sweeping views across Viaduct Basin and Hauraki Gulf

Level 9 available

185sqm - 1,110sqm Onsite childcare, café and supermarket

Recently refurbished End of Trip

Completed mid-2020

For these premium offices, contact Sam or Kendall for a tour.

Sam Gallaugher Kendall Grey

P 021 885 474 P 021 373 726

790sqm

New Zealand’s most premium office tower Sweeping views accross Auckland

PROUDLY OWNED AND MANAGED BY

46 Sale Street, Auckland Central 5 GREEN STAR RATING

SECURE ON-SITE PARKING

ON-SITE CAFÉ

100% NBS SEISMIC RATING

FIT OUT IN PLACE

Key Lease Details LEVEL

AVAILABLE

3

1,684m²

22 Colliers Leasing Magazine 2021

46 Sale Street is a NZGBC 5 star rated premium grade office building comprising 7 levels with total rentable area of 11,205m2.

The building has an architecturally striking façade, incorporating aluminium angle elements reminiscent of te akoranga - shark drying scaffolds that were historically used in this location. There is a large central atrium extending through all levels providing natural daylight to the central areas and access to and from the lifts.

The suspended walk-bridges have been architecturally designed to activate the atrium and create movements within the office. In addition, there is an excellent highquality fit out in place, ready to walk into.

Sale Street offers unparalleled access to the south, west and north. The western fringe of Auckland’s CBD is one of the city’s fastest growing business, hospitality and retail hubs.

•

1,683m2 with existing modern fit out including furniture

•

15 on-site covered car parks

•

Flexible lease terms

•

Available Q3 2021.

Sam Gallaugher +64 21 885 474

Paul Dyson +64 21 423 722

23 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-nzl67014874

185 Fanshawe Street, Auckland CBD PLUG AND PLAY

AVAILABLE NOW

LARGE EFFICIENT FLOOR PLATES

FLEXIBLE LEASE TERMS

EASY ACCESS TO MOTORWAYS

Key Lease Details

24 Colliers Leasing Magazine 2021

LEVEL

AVAILABLE

Ground

2,498m²

1

2,514m²

2

2,644m²

3

2,643m²

4

2,643m²

5

2,622m²

Up to 5000m² available

Air New Zealand’s head office has two fully interconnected buildings with highly efficient floor plates that can provide a range of configuration options to an incoming tenant subject to their needs.

One of the most sought-after precincts in Auckland this is a unique opportunity to secure a fully fitted office on flexible terms.

Located in one of Auckland’s fastest developing and most sought-after commercial locations. To the north, Wynyard Quarter incorporates some of the best mixeduse waterfront precinct of any major city in New Zealand.

Up the hill to the west are the boutique areas of Westhaven, Herne Bay and Ponsonby and to the east is Victoria Park and all the amenity that has to offer.

Access to Auckland’s motorway and public transport system is right on the doorstep.

Rob Bird +64 21 358 188

Matt Lamb +64 21 801 944

25 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-NZL67015880

Confidence in future of city centre 26

Despite the curveballs of COVID, we’re seeing ongoing investment in the city centre - in public spaces and transport - and private investors are showing confidence in the vision of a vibrant and successful commercial heart for Auckland.

Viv Beck Chief Executive Heart of the City

Colliers Leasing Magazine 2021

Demand remains strong for high-quality spaces that are attractive to workers, especially workplaces with soughtafter amenities like end-of-trip facilities and surrounded by enticing hospitality, retail and entertainment.

“We know that while working flexibly is a trend we’ll continue to see, working from home is not a desirable longterm substitute for personal connection”

From both local feedback and reports emerging globally, we know that while working flexibly is a trend we’ll continue to see, working from home is not a desirable longterm substitute for personal connection. To harness the benefit of teams collaborating, sharing knowledge and

developing a strong culture, as well as opportunities presented by bumping into contacts in a dynamic commercial centre, bricks and mortar workspaces will continue to be in demand.

It is exciting to see investors rising to this demand with a strong showing of new developments and refurbishments in the pipeline, responding to businesses seeking to upgrade to accommodation that helps to attract workers back into the office. Repurposing office space as apartments is also happening, which will also add to the vibrancy of the city centre as more residents locate here.

We’ve noticed a cluster effect happening too – you can see this around the City Rail Link Aotea Station site, with developers looking to leverage the momentum and transport connectivity, along with other projects underway nearby.

Heart of the City monitors city centre trends, including pedestrian counts which are captured by our 24/7 system of cameras that are in place throughout the core retail area. We’re seeing similar patterns of use as we did pre-COVID – Fridays are again the busiest day for the city centre, with about 20% more people out and about compared with the average day. Whilst we’re missing the international market and numbers are still down overall, knowing that the city is back into a rhythm of activity is heartening.

A vibrant destination for people is key to ensuring the city centre is an attractive place for business. We’re focusing on making sure that Aucklanders and visitors know the reasons to visit, such as a great line-up of events in the coming months, as well as enhancing vibrancy. This includes initiatives like winter lighting installations, activation of public places and working with landlords to bring life to empty tenancies while they seek the right tenant.

With confidence, forward momentum, and an ever-growing list of reasons that make our city centre a place people want to be, it is poised to regain its growth trajectory in the coming years, despite the challenges we’ve collectively faced. The 2020s may end up our best decade yet. 

30 Graham Street, Auckland Central MODERN CHARACTER

FULLY REFURBISHED

EASY ACCESS TO MOTORWAY

PARK NEARBY

Key Lease Details AVAILABLE 943m²

Deck

60m²

27

LEVEL Whole Building

Colliers Leasing Magazine 2021

30 Graham Street provides a great opportunity to secure a standalone character building in the CBD, with the added bonus of 11 secure car parks on-site and up to 100 more nearby. Take advantage of the existing high quality character fit out or adjust to fit. The building provides a central atrium with great natural light, polished floorboards and high stud exposed ceilings throughout.

Conveniently positioned within central CBD with excellent access to local amenities, including cafés, restaurants, shops and gyms. The location benefits from easy access to public transport services, in close proximity to the Northern and Southern Motorways and is only a 10-minute walk to the Britomart Transport Hub.

Matt Lamb +64 21 801 944

Charlie Stow +64 21 812 559

www.colliers.co.nz/p-nzl67010523

30 Mahuhu Crescent, Auckland Central EXISTING HARD AND SOFT FIT OUT

AMPLE ON-SITE CAR PARKING

LARGE EFFICIENT FLOOR PLATES

5 STAR GREEN RATED

SIGNAGE RIGHTS AVAILABLE

Key Lease Details LEVEL

AVAILABLE

4

1,758m²

28 Colliers Leasing Magazine 2021

30 Mahuhu Crescent was completed in 2008 and is comprised of 5 levels above ground and 3 levels of basement car parking. Upon completion the building was awarded a 5 Star Green Star NZ - Office Design V1 Certified rating which represents “Best Practice”.

The building benefits from high profile exposure to three street frontages: Mahuhu Crescent, Tapora Street and Quay Street.

The ground floor features office space and access to the three passenger lifts which service all office and basement car parking levels. The four office floors above are large open plan spaces with all lifts and amenities situated in a central core of the building.

There is a total of 133 secure car parks within the building located across the ground floor and three basement car parking levels.

Sam Gallaugher +64 21 885 474

Rob Bird +64 21 358 188

29 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-NZL67015862

8 Mahuhu Crescent, Auckland Central END OF TRIP FACILITIES

AVAILABLE NOW

AMPLE ON-SITE CAR PARKING

ON-SITE CAFE

ADJACENT TO PUBLIC TRANSPORT

Key Lease Details LEVEL

AVAILABLE

1A

761m²

30

1B

817m²

Total

1,578m²

Colliers Leasing Magazine 2021

The commercial heart of Auckland is rapidly moving towards the east-west axis along the waterfront thanks to the revitalisation of the Britomart and Quay Park Precincts.

The location enjoys excellent access to main arterial routes and motorway systems, with the adjacent green park being a unique aspect to this offering.

Sustainability and efficiency are central to the owner’s vision. Provision of showers, lockers and bike storage is a practical example of this.

The available floor comes with a fit out in place and can be split into two smaller tenancies.

Paul Dyson +64 21 423 722

Lucy MacKenzie +64 27 774 4753

www.colliers.co.nz/p-NZL67015861

210 Federal Street, Auckland CBD END OF TRIP FACILITIES

AMPLE ON-SITE CAR PARKING

LARGE EFFICIENT FLOOR PLATE

COST EFFECTIVE

SIGNAGE RIGHTS AVAILABLE

LEVEL

AVAILABLE

3

960m²

31

Key Lease Details

Colliers Leasing Magazine 2021

This standalone office building consists of four office floors with floor plates of 960m2 and two levels of secure car parking. This large, top floor benefits from excellent natural light on all four sides and stunning city views from upper levels.

Two street frontages provide easy access for pedestrians and ample on-site car parks, bike racks and end of trip facilities - this building ticks the boxes.

The building is centrally located in Auckland CBD close to Auckland Art Gallery, Library, Town Hall and Sky City. Located metres from public bus routes, public car parking buildings and just one block away from the yet to be completed City Rail Link’s Aotea Station. Popular cafes, restaurants and other amenities are also located within the surrounding vicinity of the building.

Federal Street will also be home to a new shared space, becoming part of a network of inviting, people-friendly laneways in the city centre. Amenities will include new seating, trees and plantings, better lighting, and rain gardens.

Eileena Stoddart +64 21 313 325

Sam Gallaugher +64 21 885 474

www.colliers.co.nz/p-nzl67014544

Connecting small to medium occupiers with the right space Auckland’s first dedicated flexible office space advisory service has been launched to meet growing demand from corporate occupiers and small to medium enterprises.

showing them various options throughout Auckland and negotiating deals on their behalf.

The service helps businesses to find the ideal workspace solution by connecting occupiers with market-leading flexible and serviced office space providers.

“The past year has taught us that adaptability is a key consideration for office occupiers, no matter how small or large your business.

32 Colliers Leasing Magazine 2021

“The past year has taught us that adaptability is a key consideration for office occupiers, no matter how small or large your business.”

The service is led

by Office Leasing specialist Lucy Mackenzie, who has a wide range of experience with corporate occupiers including Air New Zealand, Tower Insurance and BNZ. Mackenzie also acts on behalf of occupiers,

Flexible workspace has become a pivotal part of occupier strategy, says Mackenzie.

“Flexible workspaces, serviced offices and coworking are great solutions for business of all sizes. They allow you to expand or contract as needed, while minimising the costs and overheads of a long-term lease.

A new offering from Regus provides 1,200m2 of premium office space in the new Mansons TCLM development at 155 Fanshawe Street.

IWG have also launched Spaces Commercial Bay, which provides 4,996m2 of office space across three floors.

Alex Sykes, Country Manager at IWG says he is excited to work with Mackenzie to welcome new occupiers to the Regus family.

“Our new spaces are superbly located in two of New Zealand’s premier new commercial developments, with all the great amenity and connectivity that the Wynyard Quarter and Commercial Bay precincts have to offer.

“Lucy will be happy to show you through the spaces and find a solution that works for you, whether it’s a private serviced office through to an open coworking space. It all comes down to what’s best for driving productivity without compromising the bottom line.”

Whether you’re looking for flex space or a full serviced office solution, our team, led by Lucy MacKenzie will help you to find the solution that fits your needs. 

Lucy MacKenzie Broker +64 27 774 4753 lucy.mackenzie@colliers.com

We believe in hijacking big business perks to supercharge small to medium businesses, and managing the admin along the way. Plug your business into our dynamic community full of engaging events, innovative office solutions and cutting edge amenity, you’ll feel amp’d the minute you walk in.

That’s the idea behind Generator, New Zealand’s leading flexible work space provider.

BRITOMART PLACE

STANBETH HOUSE

12 MADDEN ST

Hot desking to private offices

Hot desking to private offices

Hot desking to private offices

100% of NBS

Availability for 1 to 20 staff

Availability for 1 to 40 staff

Availability for 1 to 40 staff

Hot desking to private offices

Premium Britomart location

Character space

Harbour views & private balcony

Central Britomart location

Excellent Wynyard Quarter location

Auckland

Remote working flexibility Generator perks & services

Auckland

Remote working flexibility Generator perks & services

For these premium offices contact Rob or Paul for a private tour.

Rob Bird 021 358 188 rob.bird@colliers.com

Paul Dyson 021 423 722 paul.dyson@colliers.com

Auckland

Innovative environment Remote working flexibility Generator perks & services

30 WARING TAYLOR ST Wellington

Availability for 1 - 20 staff Overlooks Midlands Park Generator perks & services

110 Carlton Gore Road, Newmarket 6 STAR GREEN BUILDING

AMPLE ON-SITE CAR PARKING

END OF TRIP FACILITIES

3M FLOOR TO CEILING

GREAT NATURAL LIGHT

Key Lease Details

34 Colliers Leasing Magazine 2021

LEVEL

AVAILABLE

4

2,100m²

5

2,100m²

6

1,800m²

Plus deck (A)

60m²

Plus deck (B)

48m²

45%

LEASED

Targeting a 6 Green Star World Leadership specification, 110 Carlton Gore Rd will set an exciting new benchmark for premium Newmarket office accommodation. The development is underway now, with practical completion planned for Q3 2022.

Efficient 2,000m2 + floor plates allow maximum flexibility, with split or contiguous floors catering to lease requirements from 1,000m2 to over 12,000m2. The top floor office space is one of a kind. Situated on Level 6 of the building and complemented by over 100m2 of exclusive decks, it will provide an unparalleled vista over Newmarket and the surrounding amenities.

A massive atrium will extend through all levels to provide outstanding natural light and horizontal and vertical visual connectivity. Numerous ground floor retail offerings will provide a range of food and beverage options on-site, complementing the already enviable range of offerings on Carlton Gore Rd. Newmarket acts as a key junction in the rail network giving easy access to the CBD, south and west Auckland.

Immediately adjacent to 110 Carlton Gore Rd is the Auckland Domain and Newmarket Olympic pool.

Paul Dyson +64 21 423 722

Mike van der Putten +64 21 055 1049

35 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-nzl67009386

72 St Georges Bay Road, Parnell END OF TRIP FACILITIES

CENTRAL LOCATION

WHOLE BUILDING

HIGH STUD

Key Lease Details

36

LEVEL

AVAILABLE

Ground

287m²

1

277m²

Deck

33m²

Colliers Leasing Magazine 2021

Put your stamp on this prestigious office and secure your new HQ in a thriving commercial precinct.

Designed with a contemporary feel, this standalone property offers two fully fitted floors, measuring 564m² across both the ground floor and level one.

A generous stud height is featured throughout the property highlighting the exposed services and character components. Accompanied with modern high-end offices, meeting rooms and a large boardroom connected to the outdoor luxury deck, an option of this calibre in this location is rarely available.

In recent years, St Georges Bay Road has developed considerably, with the likes of Xero’s new head office at 96 St Georges Bay Road and refurbishment of the surrounding amenity, with ample boutique cafés, eateries and bars coming online. Make a statement with your business and occupy this prestigious property.

Matt Lamb +64 21 801 944

Charlie Stow +64 21 812 559

www.colliers.co.nz/p-NZL67015877

52 Symonds Street, Auckland

WHOLE ADJOINING FLOORS

AVAILABLE NOW

VIEWS

ON-SITE CAR PARKING AVAILABLE

Key Lease Details

8 Airpark Drive, Māngere

314m2

2-B

361m2

3

484m2

6

484m2

7

484m2

Located on the Symonds Street ridge overlooking Auckland Domain with views of the harbour, this centrally located property provides easy access to the CBD, motorways and arterial routes and public transport.

The building itself offers full or part floors with fit out in place and excellent natural light. A stylish entrance lobby, plenty of car parking and great local amenity add to the desirability of 52 Symonds Street. www.colliers.co.nz/p-nzl67014720

AVAILABLE NOW

25 ON-SITE CAR PARKS

EXISTING FIT OUT

NEW AIR CONDITIONING

Key Lease Details LEVEL

AVAILABLE

Ground

766m2

Situated in a prime location with excellent proximity to the airport and great exposure to George Bolt Memorial Drive. This modern fitted office provides flexibility to take as is, or tweak to suit your business needs. The current configuration provides an efficient layout consisting of a shared large kitchen breakout area, meeting rooms and offices with the remainder open plan.

Features include recently upgraded air-conditioning units, polished concrete floors, high studs, and 25 on-site car parks.

Matt Lamb +64 21 801 944

Jake Jamieson +64 21 072 0200

www.colliers.co.nz/p-NZL67015879

37

Lucy MacKenzie +64 27 774 4753

AVAILABLE

1-A

Colliers Leasing Magazine 2021

Eileena Stoddart +64 21 313 325

LEVEL

More options and higher-quality office space, the silver lining for occupiers

38

Covid-19 led to surprisingly positive outcomes for office occupiers with more opportunities in the market and a focus on higher-quality office spaces, according to leasing experts

Colliers Leasing Magazine 2021

Colliers’ research shows Auckland office vacancy was 4.7 per cent at the end of 2019, the lowest rate on record across both CBD and metropolitan locations.

Sam Gallaugher, Colliers Auckland Office Leasing Director, says continued low vacancy would hinder occupiers’ choice and ability to move.

“While new developments such as Commercial Bay added much needed supply, the speed in which new office space was being taken up meant low vacancy rates looked set to continue and decrease further.

“Opportunities were looking particularly lean for large or expanding corporates who had very little choice over 1,000m2, especially in the CBD. “Immediately following the Covid-19 lockdown announcement, we saw a lot of extra space come to the market, especially in the form of subleases as businesses looked to reduce their overhead and way of working.

246 Queen Street

“Although a sharp economic recovery has absorbed a portion of the additional office stock, a greater variety of choice remains available, and we are seeing more and more occupiers taking advantage of a healthier supply pipeline and choosing to relocate.”

Matt Lamb, Auckland Office Leasing Director at Colliers, says with more options available, now is the perfect time for organisations to review their workplace strategy.

“Organisations are taking huge learnings from Covid and many are incorporating these into their long-term people and property strategies.

“There’s been a real shift in the mindset of companies from providing a space where employees have to work, to providing a space where they want to work.

“One really positive thing to come out of the pandemic is the ‘flight to quality’ that has ensued as business leaders recognise that providing high-quality office space is crucial to attracting and retaining the right talent, and has tangible benefits on productivity.

“Interestingly, the initial reaction of tenants to reduce their footprint was short-lived and the focus has shifted to maximising space with more collaboration and break-out areas.

“There’s been a real shift in the mindset of companies from providing a space where employees have to work, to providing a space where they want to work.“

“Tower Insurance, who currently occupy five noncontiguous floors at the bottom of Queen Street understood the collaborative benefits of having more staff on less floors and have seized the opportunity to relocate to a single 3,600m2 floor solution at 136 Fanshawe Street in August.”

Gallaugher notes that while for some organisations optimising their office space means downsizing, this isn’t the case for everyone.

“Remote working is a potential facilitator for businesses to reduce their premises costs by reducing their leased footprints.

“However, the ability for a tenant to operate with a smaller footprint long-term will be reliant on a continuation of remote working, which in turn relies on productivity not being adversely impacted.

“At a business level, reviews on remote working are also mixed. Many business owners and executives are positive about the impact on workers’ wellbeing and ability to do focus work, while there are concerns about the ability to collaborate and form a cohesive culture.

“It’s crucial that business leaders strike the right balance between enabling different ways of working and providing the physical space that brings teams and organisations together in order to perform at their best.”

Lamb recommends that landlords take a proactive approach to secure the long-term value of their assets in changing times.

“As a landlord, early engagement with your tenants will provide a longer runway for you to protect the value of your asset.

246 Queen Street

“The workforce has come to expect technology enabled, adaptable and collaborative working environments with access to amenities.”

“The workforce has come to expect technology enabled, adaptable and collaborative working environments with access to amenities.

“We recommend landlords understand the latest workplace trends and implications for their property and consider whether investment will be required for their premises to remain attractive in the long-term.

“Landlords that are able to meet the requirements of a changing workforce are well-placed to satisfy higher than ever demand for high-quality office space.” 

Sam Gallaugher Director

Matt Lamb Director

Colliers Leasing Magazine 2021

“Anecdotal evidence suggests that people in junior to mid-level roles are being negatively affected by missing out on the learning and development opportunities that come from working closely with colleagues and superiors.

39

“For staff, views on remote working tend to be dependent on individual circumstances, such as quality of home workspace set up, technical equipment, commute time, and level of distraction.

109 Carlton Gore Road, Newmarket AVAILABLE NOW

AMPLE ON-SITE CAR PARKING

ON-SITE GYM

PARK NEARBY

Key Lease Details LEVEL

AVAILABLE

Ground

573m2

1A

815m2

40 Colliers Leasing Magazine 2021

109 Carlton Gore Road is an exceptionally well positioned A-grade property with prominent profile to Carlton Gore Road. This 4-level building has large, efficient floor plates and a proactive, hands-on owner constantly seeking to improve aspects of the building to increase the level of amenity you’re able to provide to your staff.

Two full levels of basement car parking allow fully secured car parking, with a small gym downstairs available for use by all tenants in the building. The ground floor has been newly refurbished and is fully fitted to an exceptional standard.

Located adjacent to Auckland Domain and Museum, the building has an exceptional outlook. There are strong bus linkages along Carlton Gore Road is well connected by bus routes and the building sits almost perfectly between the Grafton and Newmarket train stations.

Newmarket acts as a key junction in the rail network giving easy access to the CBD, south and west Auckland.

Its train station has previously been judged one of NZ’s best new buildings in the urban design category of the New Zealand Architects Institute Awards.

Mike van der Putten +64 21 055 1049

Charlie Stow +64 21 812 559

41 Indicative images only

www.colliers.co.nz/p-nzl67010199

Colliers Leasing Magazine 2021

Indicative images only

105 Carlton Gore Road, Newmarket 5 GREEN 5 STAR STAR RATING NABERSNZ BASE BUILD RATING

SIGNAGE RIGHTS AVAILABLE

LARGE EFFICIENT FLOOR PLATES

Key Lease Details

42 Colliers Leasing Magazine 2021

LEVEL

AVAILABLE

Ground

1,053m²

1

1,135m²

2

1,135m²

3

1,135m²

4

1,135m²

Total

5,593m²

Argosy is one of New Zealand’s largest NZX listed commercial property owners. Reducing the impact its business has on the natural environment is behind its commitment to refurbish 105 Carlton Gore Road.

The building is currently a free-standing five level office building (including ground floor) providing quality suburban office accommodation, together with two levels of basement car parking.

Argosy is commencing a comprehensive building upgrade targeting 5 Green Star (NZ Excellence) and 5 Star NABERSNZ energy rating. The completed building will deliver modern, high-quality, vibrant office space with intelligent LED lighting including occupancy and daylight control, a new air-conditioning system, and new end-of-trip facilities providing bike parks and high-quality changing rooms. Completion is planned for late 2022.

Choose to partner with a property company focusing on building a better future for the environment and its tenants.

Matt Lamb +64 21 801 944

Mike van der Putten +64 21 055 1049

www.colliers.co.nz/p-nzl67015844

81 Carlton Gore Road, Newmarket AVAILABLE Q4 2021

AMPLE ON-SITE CAR PARKING AVAILABLE

LARGE ADJOINING FLOORS

LOCATED CLOSE TO MAIN ARTERIAL ROUTES

AVAILABLE 1,186m²

1

1,312m²

2

690m²

3

700m²

Colliers Leasing Magazine 2021

LEVEL Ground

43

Key Lease Details

81 Carlton Gore Road provides large, efficient floor plates for incoming tenants.

With a central core providing vertical access throughout the building, a single passenger lift rises from the basement parking level to the top floor, together with the main pedestrian stairwell.

Located at the top end of Newmarket’s thriving commercial precinct that already includes recognisable national and international businesses, including Mercury, Vector, Tegal, Roche, Watercare, and Westfield.

This is walking distance to everything Newmarket has to offer, including retail, hospitality, cafés, and gyms.

Sam Gallaugher +64 21 885 474

Rob Bird +64 21 358 188

www.colliers.co.nz/p-nzl67001662

33 Broadway, Newmarket 5 STAR GREEN STAR

AVAILABLE NOW

ON-SITE CAR PARKING AVAILABLE

3.1M FLOOR TO CEILING HEIGHT

END OF TRIP FACILITIES

Key Lease Details LEVEL

AVAILABLE

1

604m²

44 Colliers Leasing Magazine 2021

The 5 star green rated building located in Newmarket has everything a tenant could require. The central atrium with sky bridges between floors creates light and connectivity between the spaces within the building.

Onsite there are high-quality end-of-trip facilities include showers, lockers and bike racks.

The available space has an excellent fit out in place, which includes meeting rooms and open plan office space allowing an incoming tenant to walk right in and begin operating.

The building features high ceilings of 3.1m throughout as well as an on-site covered car park.

Located in the heart of Newmarket this site is conveniently located to public transport and main arterial routes. With the additional benefit of the Domain being just a stone’s throw away.

Paul Dyson +64 21 423 722

Mike van der Putten +64 21 055 1049

45 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-nzl67001106

47- 49 George Street, Newmarket AVAILABLE NOW

LARGE ADJOINING FLOOR PLATES

ON-SITE PARKING AVAILABLE

LOCATED CLOSE TO MAIN ARTERIAL ROUTES

Key Lease Details LEVEL

AVAILABLE

47 George Street

46

Ground

1,656m²

1

2,131m²

49 George Street

Colliers Leasing Magazine 2021

Ground

543m²

1

543m²

Newmarket offers the tenants of 47- 49 George St convenience. Supermarkets, childcare centres, gyms and the famous Olympic swimming pool and fitness centre are all conveniently located within 10 minutes’ walk.

An established commercial office precinct, with a large presence of corporate and professional tenants, Newmarket is home to a number of high profile companies and includes the country’s golden mile of specialist medical consultants.

New Zealand’s most famous retail precinct, Broadway is the backbone of some of the county’s best retail shopping, with Nuffield Street, Teed Street and Westfield shopping centre home to high-end fashion retail stores, cinemas, cafes, restaurants and bars.

Linked by motorway access and public transport, Newmarket combines the tranquillity of Auckland Domain and some of Auckland’s best shopping and socialising in one of its oldest and most established suburbs.

Mike van der Putten +64 21 055 1049

Charlie Stow +64 21 812 559

www.colliers.co.nz/p-nzl67015554

60 Khyber Pass Road, Newton AVAILABLE Q4 2021

END OF TRIP FACILITIES

CENTRAL LOCATION

AMPLE ON-SITE CAR PARKING

AVAILABLE 683.80m²

1

748.10m²

2

903.40m²

3

909.40m2

Colliers Leasing Magazine 2021

LEVEL Ground

47

Key Lease Details

60 Khyber Pass is currently undergoing a complete base build upgrade to a modern open plan layout. The floors will present in a refurbished condition including new floor coverings, new exposed fan coil HVAC, sprinkler, and open plan layout, LED lighting and perimeter painting allowing a comfortable environment for staff and visitors.

End-of-trip facilities have been completed in the basement of the building, as well as secure bike parking facilities. The full lobby refurbishment includes a new accessibility ramp and access door.

Situated among a diverse range of residential, retail and commercial occupants, 60 Khyber Pass Road is uniquely positioned within minutes of the CBD, Mt Eden, Newmarket, Ponsonby and motorway on-ramps providing access to the entire city.

Mike van der Putten +64 21 055 1049

Jake Jamieson +64 21 072 0200

www.colliers.co.nz/p-nzl67014893

13 Blake Street, Ponsonby FULLY REFURBISHED

VIEWS

CHARACTER SPACE

LOCATION

Key Lease Details LEVEL

AVAILABLE

1

590m²

48

13 Blake Street has been completely repositioned with a new façade at the front and back of the building.

Colliers Leasing Magazine 2021

A complete overhaul of the interior has also been completed, including polished concrete floors, exposed ceilings and new LED lighting throughout. To top the space off, the deck at the rear of the building boasts wonderful views over the Waitākere Ranges.

The building is fantastically located just off Jervois Road in Ponsonby, close to the hustle and bustle but also just a few minutes from the motorway and main arterial routes.

Charlie Stow +64 21 812 559

Matt Lamb +64 21 801 944

www.colliers.co.nz/p-nzl67015682

Ormiston Town Centre, Ormiston AVAILABLE NOW

RETAIL AMENITY ON-SITE

AMPLE ON-SITE CAR PARKING

NEW BUILD

Key Lease Details AVAILABLE

1

212m²

2

327m²

49

LEVEL

Colliers Leasing Magazine 2021

Introducing Ormiston Town Centre - the central hub of a progressive master-planned community, developed by one of New Zealand’s most well-respected names in property.

With a focus on innovation and offering a unique lifestyle shopping and working experience, Ormiston Town Centre sets a precedent that will revolutionise the future of town centre development.

This exceptional opportunity features a range of bespoke offices available from 212m2 to 327m2.

Mike van der Putten +64 21 055 1049

Charlie Stow +64 21 812 559

www.colliers.co.nz/p-nzl67014734

50 Colliers Leasing Magazine 2021

Bold and progressive new Auckland HQ for Colliers at 188 Quay St The opening of Colliers’ new headquarters at the HSBC Tower at 188 Quay Street in the Auckland CBD in early 2021 has come at the perfect time, and a progressive new fit-out by leading architects Warren and Mahoney in collaboration with Colliers’ Project Leaders was a seamless undertaking that has completely exceeded expectations.

Mark Synnott, Colliers New Zealand CEO, says: “We are constantly looking for new growth opportunities and new ways of working that accelerates the success of our clients and our staff.

“Every five years we launch our new medium-term growth plan. In 2015, the decision was made that we needed a bold new platform to restart and refresh our business in 2020.

“Growth of our business meant we were operating across multiple floors and we knew we could get better communication, collaboration and productivity if we could reduce the inter-floor disruption.

“So, after 30 successful years at 151 Queen Street, we made the decision to find a new home.

“While site selection was based on a premium building along the harbour’s edge with access to an abundance of amenity and accessible public transport options, we knew we needed to have an exceptional fit-out that gave our staff a real edge. We also wanted to showcase to our clients first-hand the benefits that can be provided by a workplace that encourages collaboration and a range of workstyles.

“What we didn’t expect was the disruption that Covid-19 in 2020 would provide to workplace operations and subsequently just how integral our new headquarters would become.”

Synnott says extremely high expectations of the outcome were completely exceeded.

“We are exceptionally proud of the outcome. Our people and clients are thrilled with our industry-leading new premises that reflect our values of thinking differently and doing what’s right.

“The heart of the office is the collaborative area and social hub where almost one third of the floor plate is offered to co-working and collaborative amenity.

causal seating, formalised table and chairs or standing at our ‘Bar ‘n Grill’, a legacy piece of furniture that was transported from 151 Queen St.

“To the west of this space are a number of meeting rooms capable of hosting auctions and events as well as traditional meetings with dramatic harbour views.

“The prominent steel interconnecting stairs provide us the links we need and are a real showpiece. The main feature wall is also a standout which changes constantly throughout the day when the sun hits its shapes and designs.

Synnott says the fitout provides creative and energised spaces that are great for building relationships internally and externally.

“There are conversations happening that simply wouldn’t have happened before.

“Our own people use the large coworking and collaboration zone for a change of ambience, and to work very productively.

“It’s also a great space for clients. Building relationships is at the essence of our business. Engaging with clients in our own space collaboratively has massive benefits.

“Clients often come in early or stay after meetings and use the space. There is a variety of options, from

“The stunning views across the Waitemata Harbour, being surrounded by natural timbers, exposed ceilings and an immersive biophilic environment make this more than just an office.

“There is a real calmness that the space provides, and at the same time it gives you more energy, enabling you to be creative.

“We are excited by the opportunities our new home provides us and our clients to collaborate and celebrate success,” says Synnott. 

Colliers Leasing Magazine 2021

51

“In 2015, the decision was made that we needed a bold new platform to restart and refresh our business in 2020.”

Central Park 660 Great South Road, Ellerslie ON-SITE GYM

2 MIN WALK TO ELLERSLIE TRAIN STATION

CHILDCARE

FOOD AND BEVERAGE PRECINCT

Key Lease Details BUILDING

LEVEL

AVAILABLE

Building 5

2

126m²

52 Colliers Leasing Magazine 2021

Building 5

2

145m²

Building 5

2

151m²

Building 5

6

222m² 241m²

Building 5

2

Building 5

4

459m²

Building 2

2

664m²

Building 2

4

664m²

Building 3

4

300m²

Building 4

1&2

1,707m²

Central Park is one of Auckland’s largest commercial business parks with over 65 businesses and approximately 2,300 people on-site.

It is a commercial hub of 11 office buildings totalling approximately 44,000m² in net lettable area and more than 6.2 hectares in total site area.

The Green, Central Park’s food and beverage precinct, consists of nine eateries with expansive outdoor seating zones, surrounded by a vast landscaped recreational plaza. The area has been established as a public space that can accommodate an array of activities, featuring a large outdoor digital screen, pop ups, events, play zone, BBQ area and more.

Mike van der Putten +64 21 055 1049

Matt Lamb +64 21 801 944

53 Colliers Leasing Magazine 2021 www.colliers.co.nz/p-NZL67015881

600-604 Great South Rd Ellerslie, Auckland Millennium is a large corporate campus located in Ellerslie, the heart of Auckland’s Southern Corridor.

Set in amongst over 3 hectares of attractively landscaped grounds, Millennium creates a vibrant, green working environment.

Millennium comprises of seven freestanding office buildings, a gym, end of trip facilities, tennis court and various food and beverage offerings.

The campus has exceptional links to public transport (bus and train) and State Highway 1, along with offering ample car parking for the businesses located at Millennium.

Food and beverage offerings on-site

5 min walk to Ellerslie

Tennis court on-site

Gym, end of trip, yoga and group fitness on-site

Child care on-site

Join the Southern Corridor’s premier corporate campus

AVAILABILITY Phase

Building

Level

Area m2

Phase 1

Building A

GF & Courtyard

1,412 & 137

Phase 1

Building A

Level 2

898

Phase 2

Building A

Level 3

1,456

Phase 2

Building B

GF

249

Phase 2

Building C

Level 3

657

Phase 3

Level 1

2,277

Phase 3

Level 2

2,331

Contact the team for further information or to arrange a viewing Mike van der Putten

Matt Lamb

Director

Director

+64 21 055 1049

+64 21 801 944

michael.vanderputten@colliers.com

matt.lamb@colliers.com

3 Te Kehu Way, Sylvia Park 3M FLOOR TO CEILING HEIGHT

TARGETED 6 STAR GREEN STAR BUILDING

TARGETED 5 STAR NABERSNZ RATING

DUE FOR COMPLETION Q1 2023

END OF TRIP FACILITIES

Key Lease Details

56 Colliers Leasing Magazine 2021

LEVEL

AVAILABLE

1

1,019m²

2

1,019m²

3

1,019m²

4

1,019m²

5

1,019m²

Designed by architects Woods Bagot, 3 Te Kehu Way will be set over 6 storeys and will have large efficient floor plates, minimal columns and 3m floor-to-ceiling height.

The building will offer excellent amenity and a state-ofthe-art environment.

With a focus on sustainability, the proposed new office building is expected to be a world-leading exemplar for sustainable building design and operation. Targeting a 6 Green Star rating and a 5 star NABERSNZ certified rating for energy efficiency.

Ideally situated at the junction of the Southern Motorway, Mount Wellington Highway and the SouthEastern Arterial, Sylvia Park has exposure to over 200,000 passing vehicles per day. The centre offers a full-service public transport hub, with a dedicated train station and on-site bus terminals. The Auckland CBD is a short 20-minute train journey away, which will become quicker with the completion of the Central Rail Link.

Matt Lamb +64 21 801 944

Mike van der Putten +64 21 055 1049

www.colliers.co.nz/p-NZL67015875

8 Rockridge Avenue, Penrose SIGNAGE RIGHTS AVAILABLE

AVAILABLE NOW

AMPLE ON-SITE CAR PARKING

LEVEL

AVAILABLE

2B

541m²

3B

447m²

4

969m²

57

Key Lease Details

Colliers Leasing Magazine 2021

This particular commercial building is ‘one of the most attractive’ Penrose offerings. Visitors walk into the lobby to a beautiful atrium entrance, leaving a great first impression. Additional standout features include a corporate feel throughout the building’s finish, two passenger lifts, air-conditioning and backup generator allowing for a great and secure working environment for staff along with an A-Grade NBS rating.

The landlord will work with an incoming tenant and can offer a complete turnkey fit out to suit any office requirement. Further, ample on-site car parks can be leased with the space and public transport links are nearby for easy staff access.

Penrose is a fast-developing area and has become one of the most desired commercial and industrial precincts across Auckland. With a location bordering on the fringe of the CBD and en route to Auckland Airport, it is easy to see why many businesses choose this central position. Minutes away from Great South Road with an abundance of amenity on offer, along with great access to main arterial routes, the opportunity presents itself to occupy within this quality premises.

Mike van der Putten +64 21 055 1049

Jake Jamieson +64 21 072 0200

www.colliers.co.nz/p-nzl67014859

644 Great South Road, Ellerslie END OF TRIP FACILITIES

CLOSE TO MULTIPLE PUBLIC TRANSPORT

EASY ACCESS TO MOTORWAY

LARGE EFFICIENT FLOOR PLATES

NAMING RIGHTS AVAILABLE

Key Lease Details

58

LEVEL

AVAILABLE

Ground

2,155m²

1

2,699m²

2

2,790m²

Total

7,644m²

Colliers Leasing Magazine 2021

Design benchmarked to an equivalent NZGBC 4 Star Green Star rating across three exceptionally efficient floor plates, 644 Great South Road is set to provide a level of flexibility unparalleled in Auckland’s Southern Corridor.

Leasing options start from 1,000m² to a total 7,644m² over three contiguous floors. The design, by Eclipse Architecture, has been thoroughly considered to ensure it does justice to the businesses within it. Angled floorto-ceiling windows bring light and warmth to office spaces and allow expansive views to Auckland City and One Tree Hill.

The exterior is angular and contemporary, reducing heat gain and eliminating the need for shade elements.

A podium at ground level will provide visitor car parking and a landscaped courtyard for occupiers to enjoy, linking Great South Road and Stanway Place.

Naming rights are available, providing excellent profile to Great South Road.

Matt Lamb +64 21 801 944

Mike van der Putten +64 21 055 1049

Charlie Stow +64 21 812 559

www.644gsr.com Colliers Leasing Magazine 2021

59

656 Great South Road, Ellerslie LARGE EFFICIENT FLOOR PLATES

FULLY REFURBISHED

ABOVE MARKET INCENTIVE

AVAILABLE Q4 2021

Key Lease Details

60

LEVEL

AVAILABLE

Ground

3,500m²

1

3,500m²

Cars

154

Colliers Leasing Magazine 2021

656 Great South Road is a unique opportunity to locate yourself in a fully-refurbished character building in the well-serviced office precinct of Greenlane - Southern Corridor.

This low-rise two-level office building provides large, efficient, open plan floor plates that would suit a corporate seeking from 1000m2 to a whole building of 7,000m2. The building has recently undergone a full base building upgrade to the highest of standards that will boast an edgy modern character environment with new façade, exposed ceiling services, sawtooth roof and excellent on-site car parking. Situated in a popular corporate fringe location on Great South Road and adjacent to Ellerslie Town Centre, the location provides good access to main arterial routes and public transport.

Matt Lamb +64 21 801 944

Mike van der Putten +64 21 055 1049

www.colliers.co.nz/p-nzl67001066

7 Ellerslie Racecourse Drive, Ellerslie AVAILABLE NOW

ON-SITE CAR PARKING AVAILABLE

GREAT NATURAL LIGHT

EASY ACCESS TO MOTORWAYS

REFURBISHED OPTIONS FROM 185M²+

LEVEL

AVAILABLE

4

730m²

61

Key Lease Details

Colliers Leasing Magazine 2021

This top floor tenancy on Level 4 of Ascot Central, 7 Ellerslie Racecourse Drive, has an abundance of natural light.

The space is fully fitted to a high standard and has had new carpet installed, a refresh of the kitchen and fresh paint throughout the tenancy.

The fit out currently comprises a reception, 16-person boardroom, two eight-person meeting rooms, open plan workspace and a generous staff kitchen/cafe area that opens out to a 123m2 exclusive north facing deck. This space truly is one of a kind in the city fringe market.

Mike van der Putten +64 21 055 1049

Charlie Stow +64 21 812 559

www.colliers.co.nz/p-nzl67012612

Auckland’s active office scene

While there has been much discussion on the fortunes of the office sector over the last 18 months, confidence in the sector’s future performance is rising.

While many may take a wait and see approach, occupiers cognisant of economic and property dynamics could make a move and take advantage of the situation.

62 DEVELOPERS RISE TO THE OCCASION Colliers Leasing Magazine 2021

Vacancy rates across both CBD and metropolitan office markets have lifted from historically low levels over the last 18 months, reflecting a combination of increases in new supply, the economic impact of Covid-19 and changing work habits. This has presented tenants with a greater number of occupational options than have been available for a number of years.

However, history shows that these options will reduce overtime and the latest GDP results that surprised almost every economic commentator to the upside, suggests this may come sooner than we think.

While secondary space may understandably feel the brunt of lower enquiry initially, tenant uptake for high quality prime buildings is seemingly omnipresent. And, in response, developers have dusted off construction plans and are forging ahead to make sure they secure the best tenants on the best leases.

According to our latest research, approximately 125,000m2 of space is under construction or projected to complete within the next five years in Auckland’s CBD. The latest project to have commenced is Mansons TCLM’s 50 Albert Street. Once complete the project will add some 29,000m2 of space to the CBD

inventory. Precinct Properties has confirmed that the redevelopment of its 1 Queen Street property will incorporate approximately 14,000m2 of premium grade office space.

There are a number of other schemes which, subject to attaining minimum tenant pre-commitment, could commence in the short-term future. These include the next stage of Precinct Properties’ Innovation Precinct development within the Wynyard Quarter.

The imminent sale, by Auckland Council, of its Downtown car park site also offers potential for development of a large-scale mixed-use scheme.

And the Over Station Development at Aotea Centre could also play an instrumental part in providing more high-quality mid-town office space in the future.

For occupiers, this provides a significant opportunity assist developers meet targets and fill up empty space, and perhaps in return secure more favourable lease terms in a brand-new, high-quality premises. But, if demand for office space starts rising and vacancy rates start decreasing quicker than expected – similar to economic activity – options could dwindle, and benefits reduce.

Occupiers cognisant of the potential changes in economic conditions ahead may also be able to use this in their favour and structure their lease advantageously in 2021.

The latest GDP result is a clear indicator of just how well the recovery has gone since Covid-19 emerged.

However, with an increase in economic activity higher than projected, inflation could start to rise faster than initially considered. If so, landlords could be headed for a rise in interest rates and payments.

Higher rates of fixed rental growth is a mechanism particularly favoured by landlords to offset the rise in interest costs. Long-lease terms are also favourable to reduce risk and strengthen returns. These are factors that occupiers can assist with, and in return, may be able to negotiate more favourable terms such as lower initial face rents, higher incentives or both.

An increased focus on sustainability from both public and private sector office occupiers has seen demand for premises with certified green credentials lifting over recent years.

From the 1st of January this year, all government agencies have been mandated to ensure, when entering or renewing a lease of 2,000m2 or more, that the subject property has a minimum 4-star energy efficiency rating.

This stance is also reflected in Eke Panuku’s recent decision to require new commercial buildings to meet 5 Star Green Star ratings for all new commercial buildings over 1000m2 in town centres.

The influence which the sustainable development trend is having on the office market is illustrated in the results of Colliers’ December 2020 Auckland CBD office vacancy survey. The survey found the green building sector to be outperforming the wider prime grade market. While prime grade vacancy at December 2020 stood at 6.8%, vacancy within green star rated buildings was just 3.8%.

The development sector is responding to the shift in demand, adding just under 50,000m2 of green star rated buildings to the Auckland CBD’s inventory over the course of 2020.  63

STRENGTH IN THE LEASE

GOING FOR GREEN

Colliers Leasing Magazine 2021

“The latest GDP result is a clear indicator of just how well the recovery has gone since Covid-19 emerged.”

Chris Dibble National Director Colliers Partnerships, Research & Communications

Quad 7 6 Leonard Isitt Drive, Auckland Airport LARGE ADJOINING FLOOR PLATES

SHOWER FACILITIES

SIGNAGE RIGHTS AVAILABLE

200M TO SHOPPING CENTRES

Key Lease Details LEVEL

AVAILABLE

4

1,800m²

5

1,800m²

64 Colliers Leasing Magazine 2021

Quad 7 is located in Auckland Airport’s rapidly-evolving business precinct, already home to many of New Zealand’s leading businesses and the world’s most iconic brands.

With passing traffic counts of 20 million each year, naming rights to the top two floors of this award-winning office building will give you a grandstand brand profile to an international audience. State-of-the-art facilities and easy accessibility to priority transport routes will keep you connected.

Dining, retail and leisure options will keep your staff engaged. Join the astute business roll call of companies who have committed to the airport precinct.

Matt Lamb +64 21 801 944

Jake Jamieson +64 21 072 0200

www.colliers.co.nz/p-NZL67015878

51 Corinthian Drive, Albany AVAILABLE Q4

ON-SITE CAR PARKING

SIGNAGE RIGHTS AVAILABLE

EASY ACCESS TO MOTORWAYS

LEVEL

AVAILABLE

Ground

132m²

1

475m²

2

490m²

65

Key Lease Details

Colliers Leasing Magazine 2021

51 Corinthian Drive is a modern four-level office building constructed in 2008. The building incorporates a single basement level of car parking and ground level parking at the rear. The property benefits from frontage to Corinthian Drive along with excellent exposure to the Northern Motorway.

51 Corinthian Drive is conveniently located within the popular commercial precinct of Albany and occupies a position which benefits from significant exposure to the Northern Motorway providing high-profile signage to passing traffic.

The property is well-located close to public transport providing easy transport options for staff and visitors.

Chris Palmer +64 21 558 355

Matt Lamb +64 21 801 944

www.colliers.co.nz/p-NZL67015859

55 Corinthian Drive, Albany 5 STAR GREEN STAR

FULL OR PART FLOORS AVAILABLE

END OF TRIP FACILITIES

ON-SITE CAR PARKING

FLOOR TO CEILING GLASS

Key Lease Details

66

LEVEL

AVAILABLE

1

400m² - 1635m²

2

400m² - 1635m²

Total

3,270m²

Colliers Leasing Magazine 2021

55 Corinthian Drive is a four-level office building with a central atrium providing a mixture of office, food and beverage, and retail space. Highly visible to the surrounding road network, the development harnesses the site’s visual prominence, meeting the client and tenants’ expectations while positively enhancing the built quality of Orchard Park within the Albany Gateway.

Albany is now an established commercial hub and a key focus for Auckland’s strategic growth nodes, being one of the key nodes outside the CBD. With this focus, brings opportunities for business to relocate to the area along with the immediate benefits of the Albany town centre and transit links.

55 Corinthian is a new 5 Star Design Greenstar building providing the best office accommodation in Albany and the availability in the building presents a unique opportunity for forward-thinking business looking to relocate. The building offers state-of-the-art end-of-trip facilities and on-site cafe, as well as natural light and external views.

Chris Palmer +64 21 558 355

Matt Lamb +64 21 801 944

Janet Marshall +64 21 684 775

67 level 2

www.colliers.co.nz/p-nzl67015342

Colliers Leasing Magazine 2021

Example as seen on level 3

Air NZ building Smales Farm, Takapuna ON-SITE GYM

AMPLE ON-SITE PARKING

SIGNAGE RIGHTS

PUBLIC TRANSPORT LINKS

Key Lease Details LEVEL

AVAILABLE

1

1,373m² + deck

2

1,373m²

68 Colliers Leasing Magazine 2021

Two contiguous office floors are available now in this modern, light filled spacious tenancy. Located on the first and second floor of the Air NZ building, this space offers a range of lettable options with the ability to take whole or split floors.

The building offers high-profile signage visible to the Northern Motorway, and has undercover parking and end-of-trip facilities. Smales Farm provides exceptional public transport links, green open spaces and a wide range of on-site amenities, café and dining options.

Chris Palmer +64 21 558 355

Matt Lamb +64 21 801 944

www.colliers.co.nz/p-nzl67011579

The B:HIVE Smales Farm, Takapuna 10 MIN TO CBD

ADJACENT HOSPITALITY PRECINCT

EVENT AND CONFERENCE SPACE

FLEXIBLE LEASING OPTIONS

LEVEL

AVAILABLE

1

8-50 desk office

2

12-14 desk office

3

25-45 desk office

69

Key Lease Details

Colliers Leasing Magazine 2021

The B:HIVE provides small to medium businesses the ultimate in flexibility. From desks to shared and dedicated offfices, B:Hive tailor options to suit your current requirement, while also offering your business the opportunity to explore new ways of working. At the B:HIVE your team members and business are part of a vibrant community, within a state-of-the-art building that has been recognised on the world stage.

The adjacent Goodside dining precinct offers a number of local food and beverage options, while a wide range of on-site amenities and car parking at Smales Farm completes the offering.

Chris Palmer +64 21 558 355

Lucy MacKenzie +64 27 774 4753

www.colliers.co.nz/p-nzl67014592

Auckland’s fast evolving tech industry a big boost for office space Today, technology is the most important business sector globally, making up 65% of the world’s top 20 public companies by market capitalisation, and Auckland’s “fast-evolving technology ecosystem” is a key part of this growth, according to a recent research report from Colliers.

70 Colliers Leasing Magazine 2021

In New Zealand, the technology industry is rapidly expanding and is currently the country’s third-largest export earner and could become its largest by 2030, according to recent commentary from NZTech.

According to the latest Technology Investment Report, in 2020 the nation’s largest 200 technology companies generated export revenue of USD6.8 billion, with revenue forecast to potentially reach USD11.5 billion by 2030.

“Significant technology clusters have formed within the CBD with leading players showing a strong preference for the city’s northern and waterfront precincts, particularly the Victoria Quarter, Viaduct Harbour and the Wynyard Quarter precincts.

“Wynyard Quarter has been dubbed the city’s Innovation Precinct with technology companies including Datacom, Australasia’s largest homegrown technology company, and American multi-national technology company IBM, that collectively occupy 17% of office space in the precinct.

“Nearby, the Viaduct Harbour precinct houses Microsoft, HP and AT&T which, along with other technology companies, occupy 21% of the precinct’s office space.

Ian Little, associate director of research at Colliers says: “New Zealand’s largest city remains the powerhouse of the technology sector with the tech sector’s growth exerting greater influence over the Auckland CBD’s office market in recent years.

“The neighbouring Victoria Quarter precinct has the largest penetration of technology businesses accounting for 30% of all office space occupied by the CBD’s technology firms. The most significant player is Spark, New Zealand’s largest telecoms and digital services company.

“Auckland hosts the local headquarters of many international technology firms, including Microsoft, Apple, Oracle, IBM, AWS and more recently Google.

“Given the agglomeration of the industry that we have seen, and the development opportunities in these precincts on offer in the future, it is hard to discount the potential for a significant boost in office space demand from the tech industry in the area in the future,” says Little.

“Auckland hosts the local headquarters of many international technology firms, including Microsoft, Apple, Oracle, IBM, AWS and more recently Google.”

“The attractiveness of Auckland as an office location has resulted in technology companies occupying 11% of Auckland CBD’s office stock and 12% of the prime-grade inventory as at December 2020.

The Colliers report also highlights that technology occupiers could account for 20% to 25% of demand for leased office space in the APAC region over the next five years.

Sam Harvey-Jones, Colliers’ Managing Director of Occupier Services, Asia, says: “The technology sector is the key driver of office leasing demand in major APAC cities. While demand from MNC technology occupiers remains important, we expect APAC technology occupiers to predominantly drive demand and shape major office markets over the next five years.”

The report also notes the ongoing expansion of the APAC technology sector creates opportunities for property owners beyond rental growth, as the technology sector increasingly becomes a direct investor in APAC real estate.

Asia’s technology giants, in particular, are expanding quickly, and have become a major driver of leasing demand. Many Asian technology companies, especially Chinese technology firms, have also become very active in investment and development of real estate. In 2020 alone, technology companies acquired nearly US$10 billion in APAC real estate assets, according to the research report findings. 

Ian Little

71

Associate Director Research

Colliers Leasing Magazine 2021

“The Colliers report also highlights that technology occupiers could account for 20% to 25% of demand for leased office space in the APAC region over the next five years.”

Meet the team

72 Colliers Leasing Magazine 2021

Rob Bird National Director +64 9 356 8803 +64 21 358 188 rob.bird@colliers.com

Paul Dyson Director +64 9 356 8804 +64 21 423 722 paul.dyson@colliers.com

Matt Lamb Director +64 9 359 7985 +64 21 801 944 matt.lamb@colliers.com

Rob has 30 years of commercial property experience specialising in office leasing advisory and transactions. Rob has completed tenant representation roles for multinational and national corporate clients including Vodafone, ASB, Mercury, Air New Zealand, ANZ, BellGully, Russell McVeagh, Simpson Grierson, Ricoh, Southern Cross, Regus and Willis. Two of the most recent leases concluded were for Auckland Council and Fidelity Life.

Paul has specialised in corporate office leasing since joining Colliers in 1989.

He specialises in both relocation and tenancy retentions. In 2012 he was awarded the Commercial and Industrial Salesperson of the Year at the annual REINZ Awards of Excellence. He has concluded deals for the likes of Tower, NTT, Deloitte, Mercedes, Toyota, Southern Cross, Russell McVeagh, Bell Gully, Meredith Connell, Mercury, Tegel, BDO, Vodafone, NZ Police, and MBIE.

Matt co-leads the Auckland commercial leasing team with Sam Gallaugher.

With an in-depth understanding of the market, his track record is one of consistent results. Matt is a great communicator with long-standing business relationships. His work ethic, integrity and high standard of service have all added to the success and accomplishments in the property sector.

Sam Gallaugher Director +64 9 356 8960 +64 21 885 474 sam.gallaugher@colliers.com

Michael van der Putten Director +64 9 358 8700 +64 21 055 1049 michael.vanderputten@colliers.com

Eileena Stoddart Director +64 9 356 8907 +64 21 313 325 eileena.stoddart@colliers.com

Sam has worked as a Commercial Real Estate agent for over 16 years in both the London and Auckland office markets, specialising in office leasing and tenant advisory. He has been involved in numerous transactions with many prominent tenants and landlords and forged many great relationships.

Michael specialises in large and medium scale corporate and government tenant relocations in the Auckland fringe and southern corridor markets. Michael has built a solid track record with high end national and international occupiers such as Unilever, MSD, MBIE, MOJ, NZ Police, Heartland Bank, ACC, Siemens NZ, Hilti, LG Electronics, Veolia and Fletcher Building.

Eileena has worked in commercial office leasing with Colliers where she has specialised in the CBD for the last 17 years. Eileena graduated from Massey University with a Bachelor of Property Management and Valuation. Eileena has concluded significant leases with numerous local and central government departments and private companies in recent years. Dedicated, passionate and professional, Eileena has an excellent reputation as an established and successful broker who operates with a high level of integrity.

Sam has helped run the Auckland leasing team with Matt Lamb for seven years and focuses most of his attention on the CBD.

Chris Palmer Associate Director +64 9 358 9881 +64 21 558 355 chris.palmer@colliers.com

Kendall Grey Broker +64 9 356 8909 +64 21 37 3726 kendall.grey@colliers.com

Charlie Stow Broker +64 9 359 8374 +64 21 812 559 charlie.stow@colliers.com

Chris brings 26 years of corporate experience in technology & office leasing across Australia, USA, and New Zealand.

Joining Colliers in 2006, Chris specialises in office leasing concentrating in the waterfront fringe, stretching from the Viaduct through the city to Parnell. With 15 years of experience in technology, Chris also has a keen interest in working with fast-growing digital companies.

Notable clients include Simpson Grierson, CompacSort, Xero, Soul Machines, PowerbyProxi (Apple) and Pernod Ricard.

Kendall focuses on office leasing within Auckland CBD and the wider central Auckland area, specialising in medium sized occupiers. Since joining Colliers in 2010 he has assisted local, national and multinational occupiers with their office requirements including Meridian Energy, Southern Cross, McKinsey, JLT, Vodafone and Greymouth Petroleum. Kendall’s success comes from his modern and efficient approach to his work, as he continues to develop innovative ideas within the commercial leasing market.

Charlie specialises in tenant relocations and renegotiations in the Auckland CBD fringe, bringing a set of skills allowing him to grasp a full understanding of businesses requirements. His strategic approach to leasing combined with marketing strategy and project management expertise has resulted in Charlie’s growing success in the market.

Charlie has successfully carried out lease negotiations for tenants such as Breville, MYOB, Zimmer Biomet, Adshel, JC Decaux, EnableMe, and Airways Corporation, among others.

Jake Jamieson Broker +64 9 356 8976 +64 21 072 0200 jake.jamieson@colliers.com

Lucy MacKenzie Broker +64 9 358 8754 +64 27 774 4753 lucy.mackenzie@colliers.com

Lori Ferris Executive Assistant +64 9 358 9869 lori.ferris@colliers.com

Jake specialises in tenant relocations across the Auckland city fringe and southern corridor markets. Jake prides himself on his exceptional attention to detail, professionalism, marketing expertise and service delivery, which has resulted in the development of a very solid track record. Notably, Jake has concluded successful lease negotiations for the likes of Downer NZ, Tiger Brokers, RCG, Watershed, Johnson Controls and RCR Construction, among other wellknown private & public corporations.

Jake is an enthusiastic, driven and motivated individual, and looks forward to assisting with your requirement.

Lucy specialises in flexible office spaces to meet growing demand from corporate occupiers and small to medium enterprises. Lucy has over four years of property management experience having worked in Colliers Corporate Solutions team before transferring her considerable skills to office leasing. As a property manager she was involved in a variety of leasing transactions, including new leases, renewals and rent reviews for notable clients such as BNZ, Tower Insurance and Air New Zealand. Lucy has a wealth of experience working with major corporate occupiers and has the right combination of drive, professionalism and energy to really deliver for her clients.

Lori’s exceptional organisational and time management skills make her role critical to the Office Leasing team. Her flexible and easy going style complements her experience in diary management, preparing specialised documentation, client pitches and commercial proposals, as well as providing office and administrational support across the whole team. Lori’s proactive approach ensures operations run smoothly and efficiently, and sees the Colliers Office Leasing Team perform highly on a consistent basis.

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