Bank of Queensland shifts HQ back to town
The Bank of Queensland will move headquarters to the CBD after 10 years at Newstead.
The group has committed to 5900 square metres – levels four to seven – at 360 Queen Street.
With the deal, 92 per cent of the 33 level, 45,000 sqm Premium grade building is leased ahead of completion next month.
The owners are Charter Hall, for the Prime Office Fund and Investa, on behalf of the Commercial Property Fund.
Homecoming: BOQ
BOQ will quit 100 Skyring Terrace, held by Growthpoint since 2016.
It has signed up to 360 Elizabeth St for an initial 12 years. The space includes a double height outdoor terrace.
“Queen Street has always been part of BOQ’s story since the 1930s and we continue to operate a branch at 116 Queen Street today,” Bank of Queensland group managing director and chief executive officer, Patrick Allaway, said.
“This move is a homecoming that honours our heritage while embracing the future,” according to the executive.
“We’re investing in a space that supports our people, our customers and our transformation journey,” he added.
Building near full
With green walls and wintergardens, the Queen St building will be fully powered by renewable sources.
The deal comes eight months since we reported HWL Ebsworth committed.
A critical infrastructure business has since leased 2400 sqm over part of levels eight and nine.
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