Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Success Continues at Highbrook Business Park

Leasing Success Continues at Highbrook Business Park

  • Strong demand at Highbrook continues with two new leases signed

  • Ford moves Head Office to NZ's largest Business Park

  • Childcare and cafe development signal commitment to workplace balance

Goodman Property Trust is pleased to report two further leases at Highbrook Business Park with Ford Motor Company and Lollipops Educare signing recently.

Ford is the largest of the two new commitments and will take up residence in the commercial development, Office Building D, which is scheduled for completion in December 2008. Ford have committed to almost 1,500 sqm of the 3,900 sqm building on a six year lease at market rentals. The building is expected to have a value of $14.4 million once completed and fully income producing.

The Trust is also pleased to announce a new purpose built commitment to childcare operator Lollipops Educare. Lollipops will provide a day-care and after school facility that will service the business park and surrounding area. The facility forms part of the unique amenity offering that will differentiate Highbrook Business Park from other estates with its emphasis on workplace balance for staff and their families. The retail amenity at Highbrook is also underway with the announcement that Sierra Coffee will open this week at the Crossing Offices.

Goodman (NZ) Limited's Chief Executive Officer, John Dakin, said "These new leasing commitments demonstrate the strong demand that exists at Highbrook Business Park. It's less than 2 weeks since Unitholders approved the Trust's 50% investment in Highbrook Development Limited and I'm excited to already be reporting new commitments. Highbrook continues to exceed our expectations."

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>