CB Richard Ellis is the first office tenant to sign up for 21 Queen St, AMP NZ Office Trust's (ANZO) redevelopment of the once-tired CBD block near the waterfront.
The agency is taking Level 14 on a nine-year lease at the 17-level A grade, five star green-rated office tower and will move out of its PricewaterhouseCoopers premises at the end of this year.
The agency is taking Level 14 on a nine-year lease at the 17-level A grade, five star green-rated office tower and will move out of its PricewaterhouseCoopers premises at the end of this year.
Source: Agency moving to greener pastures
No wonder its investors are not happy.
Investors in the country's largest listed commercial landlord could see fireworks at the annual meeting in Wellington this week.
The board of AMP NZ Office Trust's manager is expected to be grilled on Thursday about the near-empty huge office tower in Auckland's heart.
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The investor said that in the past three years, the AMP trust had destroyed unitholder value by overpaying for assets and engaging in an uncommitted redevelopment at 21 Queen St, Auckland.
The board of AMP NZ Office Trust's manager is expected to be grilled on Thursday about the near-empty huge office tower in Auckland's heart.
...
The investor said that in the past three years, the AMP trust had destroyed unitholder value by overpaying for assets and engaging in an uncommitted redevelopment at 21 Queen St, Auckland.
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