NBN to move into new office in North Sydney

NBN Co, which is at the centre of the debate on the success of the broadband rollout across Australia, has taken a lease at 100 Mount Street, North Sydney, the shiny new office building under construction.

The building is owned jointly by Dexus and Dexus Wholesale Property Fund.

NBN has leased 20,364 sqm, representing 48% of the building, and is consolidating its office space from various locations across Sydney. 

The company joins Laing O’Rourke, the building’s anchor tenant, taking pre-commitment to 60% prior to the completion of construction, which began in 2016 and expected to be over by 2019.

It was reported earlier that NBN was eyeing two new top-end office headquarters in Sydney and Melbourne.

100 Mount Street is a 35-level office tower development that will span 42,134 sqm. It will have views of Sydney Harbour towards the Sydney CBD. 

The building will feature amenities including end-of-trip facilities, concierge, and smart building connectivity designed to provide customers with flexibility. The development will target 5 star Green Star and 5 star NABERS Energy ratings.

“We are pleased to have enabled NBN to consolidate from multiple Sydney and North Sydney locations into one, and meet the needs of an innovative and growing group through incorporating smart building technology in our newest Dexus Workspace,” Dexus CEO Darren Steinberg said.