A hallmark of NZ’s taxation system has long been the absence of a Capital Gains Tax on the sale of property, but is that strictly still the case?
Workforces have begun using their office space in differing ways since the onset of coronavirus, but questions remain as to how things will shake out.
Despite the short-term impacts, flexible workspace will emerge as a strong offering for both tenants looking for flexibility and landlords wanting to diversify.
As trade for businesses operating retail, hospitality and many other sectors come to a halt amid the COVID-19 crisis, tenants rush to negotiate new rental agreements.