Office market strategies changing

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

Christchurch

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.

Site Safe congratulates 2021 construction health and safety champions

Site Safe is proud to recognise the award winners and finalists in our 2021 Construction Health, Safety and Wellbeing Awards.

The annual awards celebrate those in the construction industry who are striving to make their workplaces safer and improve the wellbeing of their colleagues.

There were five award winners; Major Consulting Group for the Safety Innovation Award for small to medium organisations, Piritahi for the Safety Innovation Award for large organisations, Brian Perry Civil for the Safety Leadership Award, Pipeline and Civil for the Safety Contribution Award and Dunlop Builders, who won the Mental Health and Wellbeing Award.

Site Safe was impressed with the lengths award winners and finalists had taken to improve health and safety and wellbeing.

The judges were particularly impressed with the calibre and maturity of all entries that were received.

A variety of innovations and ground-breaking initiatives were on display, such as redesigning the classic waratah rammer to improve its safety for the industry through to a variety of ideas focused on creating work environments that are open, supportive and committed to keeping each other mentally strong.

Bryce Dunlop, the owner of Dunlop Builders in Wānaka, said it was “great” to be recognised for the work that has already been done and the company would continue to push to make improvements to the mental health of the industry.

He hoped their example would encourage others to do the same.

“Hopefully by having these awards and getting recognition for the work that [we] do encourages others to follow that same suit to be able to make a better workplace environment for their staff.

“That's when we'll start to get some real momentum behind normalising these conversations that we have around mental health and the health of our staff, that's not [just] cutting yourself with a skill saw it’s what’s going on in your head [that] is equally as important.”

To learn more about the award winners head to the Site Safe website for case studies and news stories.