ASB extends North Wharf lease in Auckland

ASB has extended its lease at ASB North Wharf in Auckland's Wynyard Quarter for a further nine years.

The seven-level office building, which was completed in 2013 by Kiwi Property for ASB, is described as an award-winning asset.

The lease extension is subject to approval by New Zealand's Overseas Investment Office, if required.

Kiwi Property is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index.