Listed Kiwi Income Property Trust has clinched a new 12-year lease agreement with law firm Bell Gully for 6514sq m of space in the Vero Centre in Auckland.
The new lease is for five and a half levels, representing about 16% of the building’s rentable area.
The lease begins in November and includes storage areas and associated car parking spaces in addition to the offices.
Bell Gully has leased space in the centre since November 2000, originally occupying six and a half levels.
Half of the vacant floor has been leased to law firm Ellis Gould, which will occupy 597 sq m from December on a new nine-year lease.
The Vero Centre is a 39-level office tower completed in 2000 and the trust’s flagship office tower.
Chris Hutching for NBR NZ Property Investor
Wed, 05 Sep 2012
Wed, 05 Sep 2012
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Bell Gully gives up a floor in Vero Centre
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