JUNE - JULY 2022 Auckland Wynyard
Auckland Core
Christchurch
back of limited transactions. The rising interest rate environment is expected to gradually have its impact on yields towards the end of 2022 and into 2023. In addition, all key stakeholders increasingly have environmental, social and governance considerations at the top of their list as they review current and future strategies. This has been taken into consideration
as many new prime office buildings are seen to be 6-star green buildings. The delivery of these projects will rely on various factors including pre-commitment, ability of the construction industry to keep up, and how the Government’s post-pandemic responses roll out. Access the full Vertical Vacancy Review 1H 2022 here
Gavin Read is the Head of Research at Jones Lang LaSalle (JLL) New Zealand. JLL is a leading professional services firm that specialises in real estate and investment management. propertyandbuild.com 39
