Financial Overview
A High Quality, Diversified Tenant Base
Top 10 Tenants (by area)
Income exposure by sector
Top 10 Central Park Tenants by Income
Tenant | NLA (m2) | % Income | Industry | |
---|---|---|---|---|
Bunnings Limited | 2,640 | 7.0 | Construction | |
Probe Contact Solutions | 3,125 | 7.0 | Marketing | |
NZHP | 2,082 | 5.0 | Government | |
Restaurant Brands Limited | 1,409 | 5.0 | Food Services | |
Youi New Zealand Limited | 1,487 | 4.2 | Insurance | |
Candor 3 Limited | 1,193 | 3.7 | Engineering | |
New Zealand Transport Agency | 1,054 | 3.2 | Government | |
Mars New Zealand Limited | 1,346 | 3.0 | FMCG | |
International Accreditation NZ | 1,079 | 2.6 | Government | |
George Weston Foods Limited | 877 | 2.6 | Food Services |
A Staggered Lease Expiry Profile with Considerable Leasing Momentum
Low In Place Rents and Significant Positive Rental Reversion
Central Park continues to record extraordinary rental uplift from passing income. The Precinct has very low in place net rents of $303 psqm, which will enable positive leasing spreads to be achieved into the foreseeable future.