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NZI on the move to state of the art, sustainable premises

-press release

Thursday 28th June 2007

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NZI, one of New Zealand's longest-serving insurance brands, is on the move to what will be one of NZ's most sustainable new buildings.

NZI is a brand of the IAG Group, which is the largest insurance group in Australasia.

It will be moving many of its Auckland-based staff to a purpose-built development at 1 Fanshawe St in Auckland's CBD, in late 2009. The development is being managed by Newcrest, and will be known as the NZI Centre.

The development will accommodate around 600 staff and has a 5 Green Star rating, meaning it achieves the highest standards in terms of environmentally sustainable design.

NZI chief executive Nick Hawkins is delighted with the development and its design.

"Sustainability has been a key part of our business for four years now and we're pleased that we can now house our Auckland people at such a state of the art site," he says.

"The 5 Green Star rating means we know we're reducing our greenhouse emissions and that helps us on the path to meet our objective to become carbon neutral by 2012."

The development at 1 Fanshawe St is low-rise, has an open-plan, light-filled design and will have an on-site caf. IAG will be the sole occupant.

IAG's CBD staff are currently based at sites at 151 Queen St (IAG House), 131 Queen St and Shortland St.

The move follows in the footsteps of IAG's Christchurch claims centre which last year was moved to a purpose-built development in Addington, which also contains a number of environmentally sustainable design initiatives.

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