State Services Minister Paula Bennett quoted an unpublished report yesterday to say more efficient use of office space and the sharing of facilities by government agencies had saved taxpayers $57 million in the last financial year.
State Services Minister Paula Bennett said yesterday the Government had reduced the space it leases by the equivalent of 7 rugby fields in 4 years.
A large Wairau Valley development site was sold for $5 million last week through a tender run by Bayleys.
Bayleys’ North Shore office has started 2013 with one sale at albany and 4 leases in Takapuna reported. Sales Albany 252 State Highway 17 & 8 Gills Rd: Features: 2107.1m² mixed-use property leased to Albany Toyota (Eastern Wholesale Ltd) Rent: $381,500/year Outcome: sold for $4.77 million at an 8% yield Agents: Daryl Devereux & Brian […]
Published 18 January 2010 Wellington’s office market significantly outpaced Auckland’s in 2009, bestowing it with the title of New Zealand’s property capital, says Jones Lang LaSalle’s Wellington director of property management, Justin Lester. Mr Lester said investors were better placed in Wellington to focus their attention on market fundamentals, proactive management strategies & consolidation […]
Published 6 January 2010 SEB Asset Management AG acquired a new retail centre with a hotel in Germany and an Austrian property this week, on top of purchases in England, Japan, the Netherlands & Germany in December. The total for the 6 purchases is about €300 million (the price of one hasn’t been disclosed). […]