Deloitte has issued the largest request for office accommodation now in the Sydney market which has major landlords scrambling. The requirement ranges from 30,000 square metres to 35,000 square metres of space in the CBD.
Deloitte has a lease at Grosvenor Place until 2023 so staying put is a possibility, but so is a shift closer to the water. One of the leading contenders is AMP Capital’s $2.7 billion Quay Quarter Tower. The project, due for completion in late 2021, has been gaining momentum after super fund Rest committed to taking a one-third stake in it last month. The tower will rise 200 metres, offering 97,000 square metres of space in total. AMP will itself take up 36,500 square meters of anchor tenancy in the building.
Another candidate in the neighbourhood is Lendlease’s 55-level commercial Circular Quay Tower. The premium office tower will have a mixed-use podium, retail-lined laneways and a new hospitality offering on the Jacksons on George hotel site.
Another, albeit less likely option, is Investa and Brookfield’s jointly owned 388 George Street.
“Deloitte is committed to providing our people and clients with premium workspaces that foster collaboration and innovation,” said a spokesman for Deloitte. “We are currently exploring options in the Sydney marketplace. No decisions have been made at this time.”
Image source: Patty Jansen
Article source: http://www.afr.com/real-estate/deloitte-mulls-sydney-headquarters-move-to-lendlease-amps-circular-quay-precinct-20180515-h102ll
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