Waterfront Tower attracts more tenantsFebruary 8, 2001 The AMP New Zealand Office Trust (ANZO) announced today it has leased a further three and a half floors of the new PricewaterhouseCoopers Tower currently taking shape on the Auckland waterfront. WestpacTrust have signed a lease for 3,355sq metres of the building including levels 14, 15 and part of level 13. At the same time PricewaterhouseCoopers have taken an additional floor in the PWC Tower. The triangular, blue/green-glass tower on the corner of Quay Street and Albert Street already has a very high profile and has quickly attracted major tenants with several more leases close to finalisation. Murray Jordan, the development leasing manager for ANZO, said: “We are very pleased that WestpacTrust have selected PWC Tower and that PWC have elected to lease more space. The building has a momentum of its own as major corporate players such as WestpacTrust recognise the excellent location and features of the PWC Tower. The focus of Auckland’s CBD has moved west to the waterfront. The PWC Tower offers Auckland City’s best harbour views and easy access to both downtown and the Viaduct entertainment precinct.” Robert Lang, ANZO executive manager, said: “The start of 2001 has been very buoyant for ANZO with the PWC Tower attracting several large corporates. “There is a real recognition in the marketplace that top quality office space adds value to businesses and for this reason the supply of top quality space in Auckland is dwindling. One of the benefits of the strong profile of the PWC Tower has been the spin off interest in other ANZO owned buildings. “An example of a win-win situation has been the move by ANZ. The Bank initially signed for space in the PWC Tower but has now taken the option to move to ANZ Centre, another ANZO building. The benefits of this move are great for all parties: It frees space in the unique PWC Tower; the space PWC will be vacating in the ANZ Centre will be immediately leased by ANZ; and ANZ have the added advantage of taking space in a building that already bears their own brand.” The PricewaterhouseCoopers Tower is now 54.5% pre committed and, given the current level of interest, ANZO is confident of announcing further leasings in the near future. ANZO is New Zealand’s top listed commercial office trust, comprising a portfolio of six premium properties valued at $460 million in Auckland and Wellington. The construction of PWC Tower will reach practical completion in May 2002 and will have an estimated value of $170 million. ANZO is managed by AMP Henderson Global Investors, New Zealand’s largest private property manager with $1.4 billion of property under management. For more information contact: |