GT Insurance and Universal Fitness take up Parramatta Square leases

Walker Corporation’s Parramatta Square development has attracted two new tenants.

GT Insurance and Universal Fitness have committed to 4 Parramatta Square.

4 Parramatta Square is the first of four towers in Parramatta Square development and will open in December 2019. 

GT Insurance and Universal Fitness will join anchor tenant the NSW Government in the 65,000 square metre, 40 storey building.

A subsidiary of Allianz Insurance, GT Insurance diversifies the mix of occupants at Parramatta Square.

"The office relocation from St Leonards has been welcomed by staff travelling from Western Sydney," Greg Walsh, General Manager, at GT Insurance said.

NSW Government fit-out, indicative of GT Insurance fit-out

Occupying over 1,000 square metres of retail space, Universal Fitness has committed to a 10 year lease.

"The drawcard for us was the number of high quality corporate firms and diverse workforce that the development brings," co-founders of Universal Fitness Kumar Ramachandra and Anthony Kerkmez said.

The gym will include a wide range of Technogym equipment, personal training, a variety of group Les Mills classes from Body Pump to, boxing, Yoga and more.

It is expected that more than 5,000 staff will work in 4 Parramatta Square.

Wellness factors employed in 4 Parramatta Square include an agile working environment, greater use of outside air, lighting system, and a minimum 5 Star Green Star fit-out, according to the marketing. 

Construction of the first tower is close to completion.

Award winning architects Johnson Pilton Walker created the design.

It features atriums and staircases that promote workplace connectivity, winter gardens and a range of amenities, including retail outlets and a business and events centre, catering for up to 200 people. 

With the NSW Government and GT Insurance confirmed as tenants, 450 square metres remains available at 4 Parramatta Square.