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

 


Crown Wellington Office Accommodation

NZX RELEASE

26 November 2012

Kiwi Income Property Trust – Crown Wellington Office Accommodation

Kiwi Income Property Trust has been advised by the Property Management Centre of Expertise (PMCoE), on behalf of the Crown, that Unisys House has been identified as one of a number of potential suitable buildings for the provision of office accommodation for government tenants.

David Johnson, Commercial Portfolio Manager for the Manager of the Trust, said “We look forward to the next step in the Crown’s process, which involves commercial negotiations with PMCoE and its advisor to reach agreement on a mutually beneficial solution. We understand this process is to commence as soon as practicable.”

About Unisys House

Unisys House comprises two adjoining properties: a 19-storey office tower constructed in 1968; and Aurora Chambers, an eight-storey tower constructed in 1975. The property is suited to government tenants, being within a short walking distance of Parliament. It enjoys a high-profile position at the northern end of the CBD and offers large, efficient floor plates of around 1,200 sqm with a total rentable area of 22,158 sqm. The property has a current occupancy rate of 97% and a weighted average lease term of 2.2 years.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Constructions Builds: Consents Top $2 Billion For The First Time

Building consents reached a record $2 billion in March 2017, boosted by new homes and several big non-residential projects, Stats NZ said today. This was up 37 percent compared with March 2016. More>>

Other Stats:

Health: Work Underway To Address Antimicrobial Resistance

As part of a global response the Ministries of Health and Primary Industries have today jointly published ‘Antimicrobial Resistance: New Zealand’s current situation and identified areas for action’ to respond to the changing pattern of antimicrobial resistance in New Zealand. More>>

ALSO:

Employment: Vodafone Announces Family Violence Policy To Support Team

From today, any of Vodafone’s 3,000 workers affected by family violence will be eligible for a range of practical support, including up to 10 additional days of paid leave per year. More>>

Burning Up Over Saturn: Cassini's Grand Finale

With propellant running low, NASA scientists are concerned that the probe might accidentally crash into one of Saturn’s nearby moons, which could contaminate it with Earthling bacteria stuck to the spacecraft. Instead, the spacecraft will be safely "disposed" in Saturn's atmosphere. More>>

ALSO:

Our Fresh Water: Monitoring Report Confirms Serious Challenges For Rivers

• nitrogen levels are getting worse at 55 percent and getting better at 28 percent of monitored river sites across New Zealand • phosphorus levels are getting better at 42 percent and getting worse at 25 percent of monitored river sites across New Zealand More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news