Asahi to switch HQ within Southbank
Asahi will upgrade from its long time, low rise headquarters at 58 Queens Bridge Street, Southbank, to a skyscraper in the pocket closer to the Yarra River.
The Japan based food and drinks giant, which in 2020 bought CUB, has leased 8118 square metres across five levels at 2 Southbank Boulevard.
The GPT Group is the landlord; it bought the 50 per cent stake of the office it didn’t control from Frasers Property Australia in 2019, outlaying $342 million.
Developed in 2005 by Australand – which FPA took over in 2014 – the asset contains 53,500 sqm of over 38 floors.
The lower eight storeys are configured as podiums.
The office component is rated A-grade.
The strata titled car park component, with 265 bays, sold to a Singapore investor for $16m last year.
Until 2017, the building was anchored to PWC, or PriceWaterhouseCoopers, which also had branding rights.
GPT seals another Melbourne office lease deal
With the Asahi deal, GPT has filled 15,069 sqm of 2 Southbank Blvd this year.
“Asahi’s new headquarters…in a centralised location, provides a unique opportunity to create a collaborative, flexible workspace that fosters wellbeing, productivity and innovation, perfectly aligning with their mission to inspire and unify teams,” JLL’s Kate Pilgrim said.
The deal comes a week since WPP leased 4540 sqm at GPT’s 51 Flinders Lane, in the CBD, which is under construction, set to contain 27,500 sqm.
Also today we are reporting two industrial properties in South Australia’s food bowl, leased to Asahi, sold.
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