Portfolio overview

Vero Centre

Our flagship office asset, Vero Centre, was completed in 2000 and remains one of Auckland’s most prestigious office buildings.

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Key features

Vero Centre is a benchmark for quality and has won numerous awards for excellence in design, construction and efficiency.

Premium address

Vero Centre is located within the heart of Auckland's financial district.

Flexible space

With floorplates of typically 1,200 sqm, there's plenty of options to accommodate a variety of businesses.

Easy access

Vero Centre is easily accessible by train, bus, car, taxi and ferry.

Key facts

Building grade Premium
Date acquired (constructed 2000) Apr-01
Last refurbished 2016
Net lettable area (sqm) 39,530
Typical floorplate (sqm) 1,200
Carparks (no.) 422
FY16 net rental income ($m)¹ 20.8
Occupancy (%) 100.0
Weighted average lease term (years) 5.2
Valuation ($m) 360.9
Capitalisation rate (%)¹ 6.13
10-year internal rate of return (%)¹ 7.64
¹ As at 31 March 2016

Statistics as at 30 September 2016 unless otherwise stated

Location

Vero Centre

48 Shortland Street
Auckland 1142

Visit Vero Centre website

Get directions

Who's at Vero Centre?

This prestigious CBD tower remains a sought after address for some of New Zealand’s most respected companies, particularly across legal, insurance and consultancy firms including Russell McVeagh, Vero, Bell Gully, Asteron Life, NIB and Goldman Sachs.

40%

Legal

26%

Insurance

16%

Financial services

9%

Other

3%

Banking

3%

Consultancy

1%

Government

1%

Retail

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Our Asset Manager

To speak to our Asset Manager, please contact:

Warwick Shaw
Commercial Asset Manager

+64 9 359 4045
+64 21 633 967

Lease with us

We're passionate about providing exceptional spaces for businesses to flourish. If you are looking for great office space at Vero Centre, contact our leasing team today.

Contact us