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What property leases, if any, have been entered into, renewed, or exited by any department or entity for which the Minister is responsible since 27 November 2023, listed by department or entity, address, annual rent, lease term, and whether the decision to enter, renew, or exit was part of a broader office consolidation programme?

Answered Question 9343 (2026)
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Asked by

Camilla Belich

List MP · Labour Party

Question

  • What property leases, if any, have been entered into, renewed, or exited by any department or entity for which the Minister is responsible since 27 November 2023, listed by department or entity, address, annual rent, lease term, and whether the decision to enter, renew, or exit was part of a broader office consolidation programme?

Answered by

Hon David Seymour

Member for Epsom · ACT Party · Associate Minister of Health

Answer

I am advised that Pharmac has one leased office space which spans 5 floors at Simpl House, 40 Mercer Street, Wellington. This space occupies a total of 2,298.36m2. The lease was due to end in 2024 but was extended for six years, to 31 December 2030. As of 1 January 2025, the rent is $1,040,762 plus GST per annum. Extending the lease was approved by the Government Property Group (GPG) before entering into negotiations with the landlord. The Pharmac Board approved the six-year lease renewal in the August 2024 meeting.