NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business / Companies / Construction

NZ's biggest corporate shift starts next month: Precinct names moving date for 3400 tenants

Anne Gibson
By Anne Gibson
Property Editor·NZ Herald·
29 Jun, 2020 06:35 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

The new PwC Tower at Commercial Bay (centre) has changed Auckland's skyline. Photo / supplied

The new PwC Tower at Commercial Bay (centre) has changed Auckland's skyline. Photo / supplied

New Zealand's biggest corporate relocation will begin later next month when 3200 people will begin moving into the new $1 billion PwC Tower on Auckland's waterfront.

Scott Pritchard, chief executive of NZX listed Precinct Properties, has named Monday July 27 as the start of this country's largest corporate relocation.

That will mark the start of arrivals into New Zealand's tallest new office tower, to accommodate the highest number of workers together in one new building.

Around 900 PwC New Zealand staff will be one of the first to move into the tower at 15 Customs St West, having leased levels 24 to 29.

READ MORE:
• 'It's only money' - RocketWerkz reaches for top, leases penthouse floors at $1b PwC Tower
• Big leasing deals push up Precinct revenue, net profit more than doubles
• $1b PwC Tower at Commercial Bay finally finishing

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The shift marks a milestone for Precinct, its clients and for Auckland's city centre, Pritchard said.

"Having PwC move into the tower next month is a huge vote of confidence for the city centre and demonstrates the importance of workplaces having a central place to come together and collaborate.

A new era of state-of-the-art modern workspaces would be unveiled, he said.

Advertisement
Advertise with NZME.

"We've worked hard to ensure the tower and the wider Commercial Bay precinct offers a level of amenity for the workforce and connection between businesses which is unparalleled," Pritchard said.

Increased collaboration, flexibility and a more shared ways of working via fewer offices were objectives. More meeting and breakout spaces and access to a dedicated meeting suite within the tower were offered, he said.

Once PwC is full, about 10,000 people would work in HSBC House, Jarden House, the AMP Centre and the ex-PwC Tower, he said. Those towers stand on two waterfront blocks.

"PwC is our anchor tenant and they have been on this journey together with us since 2015. They were amongst the first to commit to leasing at Commercial Bay which meant the project could get off the ground and become what it is today," Pritchard said.

Discover more

Construction

Auckland's new mega-tower shopping mall: What's inside $1b waterfront highrise

02 Feb 04:00 PM
Retail

Guerrilla leasing on 'ghost shop': Business acts against landlord

25 Jun 05:57 AM
Retail

ASX-listed Aussie footwear giant's aggressive NZ expansion plans

25 Jun 09:00 PM
Construction

The six new Auckland CBD hotels opening at worst time

29 Jun 05:30 AM

The tower is 92 per cent percent leased, he said.

Mark Averill, PwC New Zealand chief executive and senior partner, said: "The Commercial Bay development is a key part of the revitalisation of Auckland's CBD drawing people in, including our own, to support local businesses and the wider community."

The new floorspace would be open, fully-flexible and conducive to co-creation and collaboration, he said.

No mention was made of the pandemic, coronavirus of social separation.

Pritchard said Jarden would also move on July 27 and in August MinterEllisonRuddWatts, Chapman Tripp, DLA Piper and others would shift.

Tenants have for some months been due to move into the new tower which has changed Auckland's skyline.

Advertisement
Advertise with NZME.

Construction delays and the pandemic hit the project, pushing the opening of the commercial and retail space back some years.

Commercial Bay's shops opened earlier this month.
In February, Precinct revealed how liquidated damages for Fletcher Construction delays finishing the new tower now stood at $50m of which $26.7m had been released to the profit and loss account and $23.3m was predicted against the project costs.

Precinct scored a coup four months ago when it announced it had it had leased the top two floors to a video gaming start-up out of Dunedin. RocketWerkz topped hundreds of lawyers, accountants, financiers and global businesses by securing the penthouse floors of New Zealand's tallest new office tower on Auckland's waterfront.

"It's only money. You can't take it with you," said RocketWerkz chief executive Dean Hall of his firm's surprise leasing the penthouse levels.

View of the new PwC Tower. Photo / Michael Craig.
View of the new PwC Tower. Photo / Michael Craig.

That move has trumped the blue ribbon corporate brigade, all will be beneath the whiz kid game developers: giant well-established businesses PwC New Zealand, Chapman Tripp, MinterEllisonRuddWatts, Jarden, DLA Piper, Marsh, Macquarie Bank and Delegat.

"We wanted to make a statement. We're scaling the company up and we're doing to the gaming industry what [Sir] Peter Jackson did to the film industry," Hall said in February, adding that leasing such premises was a drawcard for new staff.

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Construction

Construction

Fletcher, Acciona settle Puhoi motorway dispute

22 Jun 10:04 PM
Premium
Property

'Pallet hotel' - Foodstuffs South Island boosting frozen storage by more than 200%

22 Jun 09:00 PM
Premium
Property

Watch: Expert's 'big question' over burned supermarket's redevelopment potential

19 Jun 04:00 AM

Anzor’s East Tāmaki hub speeds supply

sponsored
Advertisement
Advertise with NZME.

Latest from Construction

Fletcher, Acciona settle Puhoi motorway dispute

Fletcher, Acciona settle Puhoi motorway dispute

22 Jun 10:04 PM

Fletcher Building says it will gain $56 million from the Puhoi motorway settlement.

Premium
'Pallet hotel' - Foodstuffs South Island boosting frozen storage by more than 200%

'Pallet hotel' - Foodstuffs South Island boosting frozen storage by more than 200%

22 Jun 09:00 PM
Premium
Watch: Expert's 'big question' over burned supermarket's redevelopment potential

Watch: Expert's 'big question' over burned supermarket's redevelopment potential

19 Jun 04:00 AM
Premium
New World Victoria Park fire: Construction expert explains all

New World Victoria Park fire: Construction expert explains all

Kaibosh gets a clean-energy boost in the fight against food waste
sponsored

Kaibosh gets a clean-energy boost in the fight against food waste

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP