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Auckland Transport to save money by being under one roof

Auckland Transport media release

17 May 2016

Auckland Transport to save money by being under one roof

Auckland Transport has signed a Heads of Agreement with the landlord for 20 Viaduct Harbour (Vodafone Building on Fanshawe Street).

This agreement, which is subject to further detail being agreed and documented in a lease, is expected to be completed by 31 May.

Auckland Transport’s Chief Financial Officer Richard Morris says this location will give AT a cost effective solution for its accommodation requirements with expected savings of close to a million dollars in the first year alone.

Auckland Transport’s staff are currently spread across 19 buildings with multiple leases, some of which are about to expire.

Mr Morris says the Fanshawe St building has 14,000 square metre open plan floor space spread over six levels and that offers flexible and efficient work spaces. “It is not expensive compared to a new building or other existing offices in or around the CBD. The building is 12 years old.

“We will be reducing our overall space requirements by around 2500 square metres as well as making savings in areas such as cleaning, electricity, IT and maintenance.”

Mr Morris adds that leasing rather than purchasing space reduces the organisation’s financial risk.

In addition to the CBD location AT will have a presence in three smaller regional offices in the north, Manukau and Henderson. This will enable teams with operational requirements to work in their local area such as parking officers.
The move to Fanshawe St will be completed by November 2017.

ENDS

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