
Insights
Stay up to speed with the latest news from Oyster and case studies that shine a light on the facts and figures behind the properties in your portfolio.
Emerging optimism in New Zealand’s commercial leasing market
New Zealand’s commercial leasing market remains subdued, with tenants carefully weighing up their next steps and many opting to stay put – for now. This is typical of property’s ‘late-cycle’ nature, where vacancy rates and rents typically take time to stabilise post-recession.
Significant lease secured with ASB
The new ASB lease at 33 Corinthian Drive is a major milestone for Oyster in 2024, marking the largest leasing deal by net lettable area in New Zealand to-date. Secured in a challenging market, this agreement highlights the enduring demand for premium, well-located assets, the importance of strong landlord-tenant relationships, and the value of future-fit properties in attracting long-term commitments. Strategic retention delivering long-term certainty In 2023, with its lease expiration...
Auckland Rail Operations Centre opening: a milestone for the region
Today marked a significant milestone for the growing Auckland region, with the blessing and opening of the Auckland Rail Operations Centre at Central Park. Delivered by KiwiRail and a joint venture between Oyster Property Group and KKR, the Auckland Rail Operations Centre will bring rail industry partners together to support the management of the growing rail network in Auckland. This critically important asset will safeguard KiwiRail’s operations and meet the needs of its people well into...
Insights
Our expert property management team manages all Oyster properties in-house on behalf of investors, creating exciting leasing opportunities for commercial tenants looking for high quality premises.
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