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Reply To: We are looking to sign up a 3-5 year commercial lease in the next 4-6 weeks in Auckland. Due to the current environment we can see significant downward cost pressure on retail leases – what is the view on industrial? Will there be a softening due to reduced demand? Any thoughts or crystal balls out there? Much appreciated. Thanks

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Have you thought about code sharing or PPL your requirements? Its good way to reduce risk/commitment while you work through the current environment. I know of a warehouse, good operators, Airport area looking to sublet should it be of interest? best Stefan 021 930 916