KiwiRail signs 'record lease' for 25 years

KiwiRail signs 'record lease' for 25 years
The rail operator's swanky new offices. (Image: JCY Architects)
Brent Melville
KiwiRail plans to relocate 100 staff members to its new Auckland rail management centre in the Central Park precinct in Ellerslie after signing a 25-year lease.The 3,358 square metre offices, near the Ellerslie train station, would also house KiwiRail's partners from Auckland Transport and Auckland One Rail.The latter, a venture between Singaporean ComfortDelGro Transit and Sydney's UGL, held the $1 billion, eight-year contract to operate the city's expanding passenger rail line since January.Construction had started on the purpose-...

More Property

Cloudfunding: what next for Auckland events centre
Policy

Cloudfunding: what next for Auckland events centre

The Crown offered to sell The Cloud for $1, BusinessDesk understands.

Oliver Lewis 19 Sep 2025
First residential housing fast-track consent granted
Policy

First residential housing fast-track consent granted

The Maitahi Village project in Nelson will supply about 374 residential units.

Gregor Thompson 18 Sep 2025
Developer Profico Group in liquidation
Property

Developer Profico Group in liquidation

Profico Group developed in both Christchurch and Auckland.

Gregor Thompson 18 Sep 2025
Du Val accountant censured and fined
Property

Du Val accountant censured and fined

Nicola Adam acted on instruction from Kenyon Clarke and minority shareholders.

Maria Slade 17 Sep 2025