News Release Civic Administration Building Auckland Council’s relocation of staff into their new premises at 135 Albert Street is nearing completion. As a result, the Civic Administration Building at 1 Greys Avenue in Auckland will be empty by the end of 2014 and steps are now being put in place to explore options for the building and its surrounds. Commercial property firm, JLL, have been appointed by Auckland Council Property Ltd (ACPL) to manage a consultation with market participants in order to gauge the level of interest in the building and understand what the market opinion is on potential options. ACPL’s objective is to establish realistic market driven options for the building and site and ascertain what needs to happen to make the best possible outcome a reality. Sarah Dominey, consultant for JLL who is part of the project team, says “This is a unique asset that could continue to serve the city long after the council moves out. The location has the potential for continued office use, hotel and residential conversion, as well as options to include retail, leisure, arts and education.” Dominey adds, “JLL are interested in talking to significant property developers and investors that could really add value to the building and site and understand where they see an asset like this in the future of Auckland.” Located in Auckland’s uptown market, the 14,300 sqm office building was originally opened in 1966 and comprises three basement levels, 18 above ground levels and 453 sqm gross rectangular floor plates. There are significant long term development plans in the vicinity of the Civic Administration building that are expected to enhance and bolster this area of the city centre. The building is on the proposed City Rail Link (CRL) route, close to Aotea Station, which will considerably improve accessibility. Other proposed developments in the area include Elliott Tower and the SkyCity Convention Centre. Justin Kean, JLL’s National Director of Research who is also involved in the assessment on behalf of ACPL, says: “JLL’s aim is to provide the council with options that both enhance and complement the objectives for the overall Aotea precinct. We are looking for compatible future use outcomes that leverage off the arts, civic and entertainment nature of the precinct.” JLL are exploring all possible outcomes for the building and are open to discussions from investors and developers with the resources and experience to provide market expertise to inform the analysis. – ends – – continued – Notes to Editors: About Jones Lang LaSalle About JLL JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. For further information, visit www.jll.com. Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 27,500 employees operating in 80 offices in 15 countries across the region. The firm was named ‘Highly Commended Property Consultancy’ New Zealand at the International Property Awards Asia Pacific 2013, and won nine Asia Pacific awards in the Euromoney Real Estate Awards 2013. www.jll.co.nz Media contact: Caitlin Stoker Phone: +64 9 366 1666 Email: Caitlin.stoker@ap.jll.com Follow JLL About JLL JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4.0 billion, JLL operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 3.0 billion square feet. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. JLL has over 50 years of experience in Asia Pacific, with over 27,500 employees operating in 80 offices in 15 countries across the region. The firm was named ‘Best Property Consultancy’ in three Asia Pacific countries at the International Property Awards Asia Pacific 2013, and won nine Asia Pacific awards in the Euromoney Real Estate Awards 2013. www.jll.com/asiapacific 200 East Randolph Drive Chicago Illinois 60601 30 Warwick Street London W1B 5NH 9 Raffles Place #39–00 Republic Plaza Singapore 048619