BNZ quits Harbour Quays lease citing 'considerable' repair time

Sophie Boot
Sun, 25 Mar 2018

By Sophie Boot March 26 (BusinessDesk) - Bank of New Zealand has exited its lease on the CentrePort Harbour Quays building, saying the quake-damaged premises will take considerable time to repair. The building, which is owned by CentrePort, was significantly damaged in the November 2016 earthquake and BNZ's 1,500 staff have not returned since then. CentrePort also owns the nearby Statistics House which is being demolished. It hasn't yet decided whether the Harbour Quays office building, which is three times the size of Stats House, is eco...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE
QuiznessDesk, Tuesday, July 05, 2022
The Quizmaster | Tue, 05 Jul 2022

Don't forget to give our daily quiz a go. Good luck

Law & Regulation
Juice magnate Lepionka sues lawyers for 'negligent' advice
Greg Hurrell | Tue, 05 Jul 2022

Businessman Stefan Lepionka's negligence case against Gibson Sheat will be split in two, with the law firm's countersuit to be heard first, the high court has ruled.

Property
George Kerr's Pyne Gould receivership continues
Victoria Young | Tue, 05 Jul 2022

Court action continues in the UK, while receivers have already clawed back $8m for the BNZ by selling South Island land.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges