'Seismic' fail: giant Asteron Centre to be retrofitted

'Seismic' fail: giant Asteron Centre to be retrofitted
City developer and investor Mark Dunajtschik said his main focus is to bring the building up to code. (Image: Property Council)
Asteron Centre, Wellington’s biggest office block, is facing significant earthquake remediation that will leave about 2,600 government and city workers without a workplace for another eight months at least.The owner of the 17-storey office development, city developer and investor Mark Dunajtschik, confirmed that work would start on the 45,000 square metre building in March – with expected completion by this August.The building, completed in 2010, has a council valuation of $179 million. Its major tenants include Inland Revenue...

More Property

Do you need to own a house?
Property

Do you need to own a house?

Rising property taxes and home-repair costs are prompting older people to rent. 

Reviewer sides with council in fast-track economics dispute
Infrastructure

Reviewer sides with council in fast-track economics dispute

Vineway wants consent to build 1,200 homes in Upper Ōrewa.

Oliver Lewis 15 Aug 2025
Simplicity Living expands south with $500m development
Infrastructure

Simplicity Living expands south with $500m development

The build-to-rent developer has acquired its first site outside Auckland.

Oliver Lewis 14 Aug 2025
Winton puts Sunfield fast-track bid on hold
Property

Winton puts Sunfield fast-track bid on hold

The housing project would pose significant risk to public safety, council claims.

Maria Slade 14 Aug 2025