ANZ confirms lease extension term at National Bank

ANZ confirms lease extension term at National Bank Centre

Kiwi Income Properties Limited, as Manager of Kiwi Income Property Trust, advises that ANZ National Bank Limited (ANZ) has utilised the break provision in its office lease such that its lease over 5,846 sqm of office space and 31 carparks in the National Bank Centre will expire on 31 July 2013.

This effectively extends ANZ’s lease commitment by 2 years and 1 month from the previous lease expiry date of 30 June 2011 and increases the weighted average lease term for the building from 2.5 years to 3.0 years.

About National Bank Centre

The National Bank Centre is located in the heart of the Auckland CBD at the corner of Queen and Victoria Streets. The property was completed in 1990. It comprises twin towers of 17 levels and 22 levels, with a recently refurbished podium lobby and basement carparking. The landmark property has a distinctive design and was recently awarded a 5 ‘Green Star’ office design rating from the New Zealand Green Building Council.

ENDS

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