Christchurch close to pre EQ days as vacancies fall

Retail is cashing in on Cashel Mall. (Image: Colliers)

Mon, 30 Oct 2023

The addition of 28,500 square metres of new builds in the Christchurch central city will take office stock to 415,000 sqm, finally closing in on the city's pre-2010 levels of 446,000 sqm.Colliers New Zealand director Gary Sellars said the bump in construction projects – including new builds at 33 Cathedral Square, 72 Tuam St and a $30 million office block on High St built by Portus Property – is the first significant sign of life in the CBD after a four-year hiatus in developments.There are also several significant refurbis...

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