2024-2026 Christchurch CBD office market to remain resilient with high demand, limited vacancies, and 9 new construction projects.
Christchurch CBD office market, the strongest in NZ, is expected to remain resilient amidst a significant 37,000 sqm prime office space supply between 2024-2026. High demand from tenants will likely absorb new vacancies, stabilizing vacancy levels by 2026 and returning to low rates. 9 new construction projects are planned during this period, reflecting developer confidence in the market.
July 31, 2024
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