Cbus Property announces first 447 tenant

Cbus Property announces first 447 tenant
Cbus Property announces first 447 tenant

Almost 20 percent of office space in the $1.25 billion development by Cbus Property at 447 Collins Street Sydney has been taken.

International law firm King & Wood Mallesons firm will lease 8300 square metres across levels 23 to 27, equating to approximately 20 percent of the development’s 49,000 square metres of NLA commercial space.

The dual tower project designed by SHoP Architects and Woods Bagot will be connected by a sky-bridge is located on a unique 6000 square metre island site. 

The development will also feature 294 five-star hotel rooms, wellness centre and conferencing facilities, and residential apartments and is leased through Colliers International.

Colliers International national director of office leasing, Andrew Beasley, said demand for the development was already outperforming other projects in the CBD, with tenants keen to satisfy staff demand for amenity and wellbeing. 

"A desire to upgrade and relocate to new premises to avoid the disruptive nature of churning in their existing premises, was also driving enquiry," he said. 

“The interest received has already exceeded our expectations of the market. We anticipate being able to announce further details over the course of the next few weeks."

 

Tags: 
Residential Development Commercial Market

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