Central business district stories
Offshore investors have snapped up Auckland’s Waldorf Stadium Apartment Hotel in the city’s biggest hotel deal for 12 years.
Tight space in Auckland’s CBD is expected to lift prime office rents by up to 5% a year until new supply arrives in 2020.
Record-low office vacancy in Wellington is driving demand for the 21,000sqm expansion, which will house 5,000 workers across four buildings.
Space, safety and pollution concerns are driving a rethink in central Melbourne, where streets may be narrowed and parking repurposed.
A US$45 billion city is meant to relieve Cairo's overcrowding, but critics fear the fast-tracked project could become a ghost town.
Retailers are holding out for the right spaces in Auckland and Wellington, keeping prime CBD strip rents unchanged despite tight vacancies.
Christchurch faces a glut of CBD offices as Wellington’s prime space has all but vanished after quake damage, Colliers says.
The $240 million Convention Centre deal is expected to reassure investors, developers and suppliers while creating jobs in Christchurch's CBD.
Higher occupancy and stronger valuations lifted Precinct Properties’ annual profit as limited office supply kept demand for city centre space firm.
More office options are easing pressure on businesses in Auckland and Wellington as new projects lift vacancy from near-record lows.
Demand for desks is pushing average rates up in London and the US, as flexible workspace expands at double-digit pace worldwide.
Heritage works at the 1876 Sudima Hamilton are set to draw new retailers as the CBD’s revival lifts foot traffic and spending.
Vacancy in Auckland’s CBD rose to 3.6 per cent in June, giving businesses seeking prime offices some relief after years of scarcity.
For most staff, easy access to cafes, public transport and car parks matters more than a nearby supermarket, a Colliers survey found.
Businesses are being invited to shape Sydney Metro West, which aims to link Parramatta and the Sydney CBD and attract market input.
Record export growth has fuelled multi-million-dollar development and sales across Hawke’s Bay, with a planned GBP £0 new berthing facility at Napier Port.
Businesses are finding it harder to secure quality central-city space as Auckland’s CBD vacancy rate hits a record low and rents rise.
The anniversary has sharpened calls for stronger rules on earthquake-prone buildings, after engineers warned facade failures can kill in a Wellington quake.
Auckland buyers face rising prices as 3,840 apartments are forecast to be completed next year despite labour and cost pressures.
A shortage of quality CBD rooms is set to ease as Auckland’s last remaining waterfront site is lined up for a 165-room luxury hotel.
