Fastest Growing Telco* Outgrows Space

For Immediate Release

Fastest Growing Telco* Outgrows Space

Digital Island on the move to “greener” fields at ‘8 Nugent’

Auckland, New Zealand – 23 September 2009 – Leading business to business telecommunications company Digital Island is moving to new premises at the end of this year. “The move is due to our successful growth over the past five years,” General Manager Blair Stewart said.

“8 Nugent quickly became the clear favourite in Digital Island’s search for a modern, city fringe, and preferably Greenstar-rated, commercial property. It is easily accessible for our customers and staff.”

“8 Nugent’s designers have clearly put a significant amount of thought into creating a pleasant and motivating work environment for staff. The campus concept with offices, residential, retail and food/drink combined in one site was seen as a real positive in our decision process. And key transport matters are taken care of with everything from bicycle racks through to easy access to bus and train networks transportation. This is of great benefit for our ever-growing staff.”

“In addition, the surrounding area caters to numerous, successful ICT (Information and Communication Technology) businesses, which fits well with Digital Island being New Zealand’s fastest growing technology company*.”

“Neil Properties Limited is extremely pleased to welcome Digital Island to the 8 Nugent development. Neil Properties Limited has a high regard for Digital Island as a young fast growing leading edge company. Neil Properties Limited sees Digital Island as the first of many IT orientated businesses at 8 Nugent,” Neil Properties Limited’s Senior Development Manager Keith Maddison said.

“Neil Properties would also like to pay acknowledgment to Lorne Somerville and Campbell Pritchard of CB Richard Ellis Ltd who facilitated the lease deal in an extremely efficient and professional manner.”

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About Digital Island
*Digital Island won Fastest Growing Technology Business and 6th overall in the 2008 Deloitte/Unlimited Fast 50 and Fastest Growing Telecommunications Business and sixth place overall in the 2007 Deloitte/Unlimited Fast 50. The Fast 50 is an index of New Zealand’s fastest growing companies. Digital Island is a New Zealand-owned company supplying high quality, nation-wide telecommunications services to several thousand business customers. The Company commenced operations in 2004.
www.digitalisland.co.nz

About Neil Properties Limited and 8 Nugent
The Neil Group Limited is a highly successful land and property developer, operating in New Zealand since the 1950’s with Neil Properties Limited being the Groups commercial development arm. The company designs and completes the full range of developments from industrial buildings and residential apartments to complete custom designed corporate offices, office parks and retail centres. Prior major developments the Company has undertaken includes The Albany Centre, which involved the development of a 130 hectares site that has become the new city centre of the North Shore.

8 Nugent is a mixed use development comprising corporate offices, retail and residential all coming together around a pedestrian-friendly ‘street’ – as found in many European cities where foot-traffic is prioritised over the car. The corporate office component is specified to ‘A’ grade quality and is targeting a Green Star NZ Certified Office Design 4 Rating.

www.neilgroup.co.nz www.8nugent.co.nz

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