Lendlease secures AMP as major tenant at Melbourne Quarter

Lendlease secures AMP as major tenant at Melbourne Quarter
Lendlease secures AMP as major tenant at Melbourne Quarter

Lendlease has signed wealth manager AMP as the major tenant in the first of three office buildings at the Melbourne Quarter precinct. 

AMP will lease 9,720 sqm at One Melbourne Quarter on 699 Collins Street. 

The 13-storey building is on track for completion by September 2018, and will also be the new home for Lendlease’s Victorian headquarters and design and engineering firm Arup. 

Lendlease managing director for Urban Regeneration and Infrastructure Development, Mark Menhinnitt, said Melbourne Quarter’s mixed-use precinct had attracted interest from tenants looking to move to Melbourne’s new centre of business activity on Collins Street. 

“Signing a blue-chip tenant like AMP to join us in the heart of the Southern Cross precinct demonstrates how this project promises to revitalise Melbourne’s corporate identity,” Menhinnitt said. 

It is directly opposite Southern Cross Station, overlooking Melbourne’s CBD and Docklands. The precinct will offer green parks, open public spaces and 40 new retail shops, cafes and restaurants. 

More than half the precinct has open green spaces including a Skypark, an elevated new public park on Collins Street that has been a key draw card for businesses. 

One Melbourne Quarter will have now have only one more floor to lease after AMP moves in.

It has been designed by Denton Corker Marshall and the building will target a 6 Star Green Star rating and a 5 star NABERS energy rating. 

The building is the first of three office towers to be constructed in the Melbourne Quarter precinct. 

Once complete, it is expected to accommodate about 130,000 sqm of flexible office space for more than 12,000 workers.

The Lendlease-managed Australian Prime Property Fund Commercial (APPF Commercial) purchased One Melbourne Quarter in November 2016. 

APPF Commercial’s strategy is to focus on next-generation assets that form part of transport-rich precincts with access to green space. Other investments include International Towers at Barangaroo, Darling Square and Darling Quarter in Sydney. 

The fund was recently ranked the world's most sustainable real estate fund in this year’s GRESB index, the third time it has achieved this result. 

GRESB assesses the sustainability performance of real estate sector portfolios and assets in public, private and direct sectors worldwide. 

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Melbourne Office Lease

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