Publicis Groupe, a French multinational advertising and PR company and one of the world’s largest communications companies, has secured a 10,100 square metre office lease in Sydney’s Pyrmont with developer Milligan Group.
The company will lease the space at 21 Harris Street to use for its headquarters in Sydney. Publicis has pre-committed to the space prior to the building’s completion at the end of 2019 and has signed for 10 years at a net annual rent of $770 per square metre.
“Publicis Groupe was looking to consolidate its large organisation and over 1000 people into one building that could future-proof them for the next 25 years,” said James Milligan, managing director of Milligan Group. “This was the exact type of group that we were designing the building for. Having nearly 20,000 square metres spread over eight highly efficient floors means you can optimise integration between departments, which ultimately means increased cooperation and creativity.”
Image and article source: https://www.afr.com/real-estate/french-pr-company-publicis-groupe-secures-10100sqm-in-office-space-20180620-h11luv
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