More of Sydney’s ‘first skyscraper’ leased mid-renovation
Dexus has secured three more tenants to 33 Alfred Street – Sydney’s first skyscraper – which is being refurbished.
Legal giant Allens has committed to 11,000 square metres over nine floors including the 26th storey top deck, with 360 degree Sydney Harbour views.
Rival Pinsent Masons has also committed – for 2600 sqm on the second storey, upping its presence some 1850 sqm.
The third deal, with an undisclosed asset manager, is for 800 sqm.
Developed in 1962, 33 Alfred St contains 31,000 sqm.
33 Alfred Street
Dexus manages and is responsible for the leasing of 33 Alfred St, co-owned by the Dexus Wholesale Property Fund and Mirvac Wholesale Office Fund.
Last year, the landlords secured three more law firms to the tower: A&O Shearman (previously Allen & Overy), Maddocks and Lander & Rogers (story continues below).
With the latest deals, 85 per cent of the building is pre-committed.
The renovation is scheduled for completion early next year.
“This is an exciting milestone for 33 Alfred St, which is achieving strong leasing momentum ahead of development completion,” Dexus head of leasing, Office, Hamish Stuart, said.
“The future-focused workplace is attracting high calibre customers who are looking to be co-located in a dynamic professional environment in a prime CBD location,” he added.
DWPF fund manager, Brad Collier, added “Sydney’s first skyscraper is an iconic office building that will have a new lease on life when it opens…it is a fantastic asset to have as part of the fund and the strong leasing outcomes achieved by the Dexus team demonstrate the strength of the market for the right asset in the right location”.
The landlords are targeting a 5.5-star NABERS Energy and 6-star Green Star Office As Built v3 rating.
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