News
Rents not high enough to justify building: JLL

Friday 16th of May 2014
Jones Lang La Salle has put out a report called Auckland office supply puzzle.
In it, it looks at the rental levels required to justify new development in Auckland’s CBD, using predominating costs, land values and yields.
The report says premium office buildings would need to rent for between $560 and $570 per square metre to make their $2600 to $2800 per sq m con...
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