Nine Network lease underpins landmark North Sydney office project

Nine Entertainment Co has announced plans to relocate its Sydney headquarters to North Sydney after striking a 15,500sqm lease agreement.

Nine has committed to anchor Winten Property Group’s landmark 1 Denison Street office tower, which is scheduled to be completed in early 2020.

CBRE represented Winten in the lease negotiations, which follow last year’s sale of the Channel Nine studios in Willoughby for $147,500,000.

The North Sydney relocation announcement heralds an historic move for the network, which has been broadcasting from its Willoughby site for over 60 years.

The 1 Denison Street development will house Nine’s production, sales and digital operations.

On completion, the 39-storey, 1 Denison Street tower will be the tallest skyscraper in North Sydney.

1 Denison Street will be developed at the new centre of the North Sydney CBD, adjacent to the new Metro train station.

The project will incorporate two levels of luxury shopping and restaurants as well as circa 60,000sqm of upper-level office space.