Wellington office market heats up, as development continues

  • Businesses are taking advantage of the increasing numbers of office developments in Wellington and are planning well in advance of lease expires, new research shows.

A report from independent property advisory firm Twenty Two, who act for tenants and owner-occupiers, shows the construction industry is in “top gear right now”, as positive economic conditions and increased economic diversity drive a wide range of property and infrastructure projects across the region.

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The Ministry for Culture and Heritage moved into a new premises last year, in the Old Public Trust building on Lambton Quay.

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