Bupa leases in iconic Newspaper House

Bupa leases in iconic Newspaper House
Bupa leases in iconic Newspaper House

Bupa Australia has taken a rental lease at Newspaper House, the seven level retail and office building at 247 Collins Street Melbourne.

The iconic Newspaper House was purchased in June for around $23 million

The lease includes 275sqm of space leased at more than $800,000 per annum on an eight year term through an off-market deal brokered by Savills Australia and Vantage Property Investments.

Savills’ Victorian Retail Director, Michael Di Carlo said the lease was brokered off-market prior to the new landlord having completed settlement.

Bupa will relocate from The Block Arcade at 292 Collins Street. 

Tags: 
Commercial Lease Property Rental

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