Macquarie eyes more office space at 80 Pitt Street, Sydney CBD

In an effort to accommodate staff soon to be displaced by the Martin Place metro construction, Macquarie Group is considering acquiring more office space in the office tower at 80 Pitt Street in the Sydney Central Business District.

The building offers some refurbished utilities such as the building foyer, lifts, mechanical services, air-conditioning and bathroom amenities. It is also close to Pitt Street Mall and Wynyard station. The 15-level building has a net lettable area of 12,720 square metres.

Macquarie will be developing the metro station at Martin Place, as agreed with the NSW government in March last year. Two commercial towers will also be integrated into the new station as part of the development.

One of the main drivers of a shortage of office space in the CBD is infrastructure projects, such as the metro train construction.

Image source and article source: http://www.afr.com/real-estate/macquarie-eyes-more-office-space-at-80-pitt-street-sydney-cbd-20180207-h0vqt9


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