Allens lease three floors of yet to be completed Brisbane building

DEXUS Property Group and DEXUS Wholesale Property Fund has secured international law firm Allens to its premises at yet-to-be built 480 Queen Street building in the Brisbane CBD.

The agreement will see Allens take over about 4,000 square metres on levles 24-26 in sky-rise section of the building. The lease will put the occupancy rate in the building to 50%, which is well ahead of the targeted completion date of February 2016. 

Allens will join BHP Billiton, Herbert Smith Freehills and The Executive Centre in the building.

The 480 Queen Street office development is described as a "strategic investment" jointly owned by DEXUS and DWPF located in Brisbane’s ‘Golden Triangle’ office precinct and is being developed by Grocon on a fund-through basis.

It is targeting a 6-Star Green Star and 5-star NABERS energy rating.