ASB extends North Wharf HQ lease, lifting total value to $566m

ASB moved into North Wharf in 2013, making it the first corporate to occupy a space in Wynyard Quarter. (Image: Supplied)

John Anthony

Fri, 31 Oct 2025

ASB has agreed to extend its lease at Auckland’s North Wharf, with the total lifetime value, including future renewals and associated costs, estimated by ASB at up to $566 million. The seven-level, 21,621 m² office building was completed in 2013 by Kiwi Property for ASB. A recent Overseas Investment Office decision noted the $566m payable over the lease term qualifies as an overseas investment in significant business assets.In July, Kiwi Property announced on the NZX that ASB had extended its lease at North Wharf in Auckland&rsq...

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