Portfolio overview

Vero Centre

Our flagship office asset, Vero Centre, was completed in 2000 and remains one of Auckland’s most prestigious office buildings, attracting and retaining some of the country’s most respected companies as tenants. The property has won numerous awards for excellence in design, construction and efficiency.

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Key features

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

Ownership interest (%) 100
Building grade Premium
Date acquired (constructed 2000) Apr-01
Last refurbished/redeveloped 2016
Net lettable area (sqm) 39,529
Typical floorplate (sqm) 1,200
Carparks (no.) 420
Net operating income ($m) 21.5
Occupancy (%) 100.0
Weighted average lease term (years) 6.9
Valuation ($m) 381.0
Capitalisation rate (%) 5.75
10-year internal rate of return (%) 7.16

Statistics as at 31 March 2017 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 Craigs.

36%

Legal

29%

Insurance

17%

Financial services

10%

Other

4%

Banking

3%

Consultancy

1%

Government

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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