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Central business district Stories - Page 2

Kiwi Stories

Central business district stories

A look at Sydney’s new metro
Smart Cities

A look at Sydney’s new metro

Commuters gain faster links under Sydney Harbour, with 445 daily services expected to move more than 264,000 passengers on the new line.

By Staff Writer • 4 min read • Mon, 19th Aug 2024
Will apartments create affordable homes in Tauranga?
Data Analytics

Will apartments create affordable homes in Tauranga?

Tauranga’s push for taller Mount Maunganui buildings has reignited debate over whether greater density will ease the city’s housing squeeze.

By Michael Curreen • 5 min read • Thu, 23rd May 2024
Rail drives housing solutions in Sydney
Auckland Transport

Rail drives housing solutions in Sydney

Extra Sydney Metro West stations could unlock tens of thousands of homes, with a Rosehill proposal alone centring on 25,000 new dwellings.

By Staff Writer • 3 min read • Fri, 15th Dec 2023
How Brisbane delivered its metro tunnel ahead of schedule
Queensland Government

How Brisbane delivered its metro tunnel ahead of schedule

The early finish on Brisbane’s Cross River Rail is set to ease congestion, cut peak travel times and add capacity for 9,000 more passengers a day.

By Staff Writer • 3 min read • Sun, 17th Sep 2023
Commercial property insights Q2 2023
eCommerce

Commercial property insights Q2 2023

Vacancies fell and rents rose in key centres as demand for quality office, retail and industrial space stayed firm across New Zealand.

By Michael Curreen • 4 min read • Tue, 29th Aug 2023
Auckland CBD’s Farmers building hits the market
Property Market

Auckland CBD’s Farmers building hits the market

The sale could draw strong investor interest, as the landmark Queen Street site brings in GBP £2.68 million a year and is fully leased.

By Michael Curreen • 4 min read • Tue, 8th Aug 2023
How the pandemic changed Auckland’s rental market
Hybrid & Remote Work

How the pandemic changed Auckland’s rental market

Rents in Auckland’s outer suburbs have climbed faster than in the city centre since Covid-19, as working from home shifts demand.

By Michael Curreen • 2 min read • Mon, 12th Jun 2023
Positive sentiment in CBD office markets
Hybrid & Remote Work

Positive sentiment in CBD office markets

Prime CBD office space is tightening in Auckland and Christchurch, while Wellington rents rise despite a temporary vacancy jump.

By Michael Curreen • 7 min read • Wed, 31st May 2023
Auckland CBD’s Skyworld complex up for sale
Auckland University of Technology

Auckland CBD’s Skyworld complex up for sale

Vacancy and redevelopment plans have cut Skyworld’s annual income to GBP £2.3 million, but the site could be reshaped into a major mixed-use precinct.

By Michael Curreen • 4 min read • Thu, 30th Mar 2023
Optimising today’s workspaces with digital twins
Digital twins

Optimising today’s workspaces with digital twins

Hybrid working is driving up waste and costs in offices, as building managers struggle to predict occupancy and energy demand.

By Michael Curreen • 4 min read • Fri, 2nd Dec 2022
Aussie developer drops Auckland skyscraper project
Property Market

Aussie developer drops Auckland skyscraper project

The move leaves Auckland’s tallest tower site back on the market as ICD Property refocuses on Australian projects amid a weaker global economy.

By Michael Curreen • 1 min read • Fri, 18th Nov 2022
A snapshot of industrial, retail and office markets
Supply Chain

A snapshot of industrial, retail and office markets

Industrial rents are being pushed higher by record-low vacancy, as office and retail markets in Auckland, Wellington and Christchurch tighten.

By Michael Curreen • 4 min read • Sun, 14th Aug 2022
Fix, inflate or reset?
Bank of New Zealand

Fix, inflate or reset?

Higher inflation and 30-year-high interest rates are forcing landlords and tenants to renegotiate rent formulas as costs and vacancies diverge.

By Michael Curreen • 6 min read • Mon, 1st Aug 2022
Should office development activity still forge ahead?
Hybrid & Remote Work

Should office development activity still forge ahead?

Prime office shortages are squeezing Auckland, Wellington and Christchurch, even as higher costs and hybrid work test new projects.

By Staff Writer • 6 min read • Mon, 11th Jul 2022
Wellington council steps in to support businesses
Hybrid & Remote Work

Wellington council steps in to support businesses

Retail and hospitality firms in Wellington will get relief from fees, parking charges and rates as the city seeks to cushion Omicron losses.

By Staff Writer • 2 min read • Thu, 24th Feb 2022
Work-from-home tipped to keep office sector down
Digital Transformation

Work-from-home tipped to keep office sector down

Office vacancies are set to rise as firms and staff keep embracing remote work, squeezing rents and delaying landlords’ recovery.

By Michael Curreen • 3 min read • Sun, 20th Feb 2022
Deals delayed but not disappearing following Covid resurgence
Deloitte

Deals delayed but not disappearing following Covid resurgence

Property deals are being slowed by fresh restrictions, but Colliers expects demand to recover quickly once alert levels ease.

By Michael Curreen • 4 min read • Sun, 5th Sep 2021

Stories from Other Regions

Central business district stories

Melbourne's grand slam boosts local business sales
Marketing Technologies

Melbourne's grand slam boosts local business sales

Melbourne's fashion and experience retailers stand to benefit from a predicted 12.6% rise in sales during the 2024 grand slam.

By Shannon Williams • 3 min read • Thu, 25th Jan 2024