Vero Centre
Our flagship office asset, Vero Centre, was completed in 2000 and remains one of Auckland’s most prestigious office buildings, attracting and retaining some of the country’s most respected companies as tenants. The property has won numerous awards for excellence in design, construction and efficiency. The lobby was comprehensively upgraded in 2016.
key features
premium address
Vero Centre is located within the heart of Auckland's financial district.
flexible space
with floorplates of typically 1,200 sqm, there's plenty of options to accommodate a variety of businesses.
easy access
Vero Centre is easily accessible by train, bus, car, taxi and ferry.
key facts
| ownership interest (%) | 100 |
|---|---|
| building grade | Premium |
| date acquired (constructed 2000) | Apr-01 |
| last refurbished/redeveloped | 2016 |
| net lettable area (sqm) | 39,539 |
| typical floorplate (sqm) | 1,200 |
| carparks (no.) | 420 |
| net operating income ($m) | 8.9 |
| occupancy (%) | 94.2 |
| weighted average lease term (years) | 7.0 |
| adopted value ($m) | 425.2 |
| capitalisation rate (%)* | 5.50 |
| 10-year internal rate of return (%)* | 6.9 |
| *As at 31 March 2018 as assets were not independently valued at 30 September 2018. |
Unless otherwise stated, all statistics are for the six months ended/as at 30 September 2018.
who's at Vero Centre?
This prestigious CBD tower remains a sought after address for some of New Zealand’s most respected companies, particularly across legal, insurance and consultancy firms including Russell McVeagh, Bell Gully, Craigs Investment Partners, nib and Suncorp New Zealand.
38%
legal
19%
insurance
23%
financial services
11%
other
4%
banking
3%
consultancy
1%
government
our asset manager
To speak to our Asset Manager, please contact:
lease with us
We're passionate about providing exceptional spaces for businesses to flourish. If you are looking for great office space at Vero Centre, contact our leasing team today.
contact us