Origin Joins List of Major Tenants Seeking Brisbane Space

THE list of major tenants seeking office space in and around Brisbane is growing but agents do not expect this to translate to a massive rise in rents.

An Origin Energy joint venture, with its Australia Pacific LNG partner, is seeking 12,000 square metres by 2014, increasing to 30,000 square metres in 2016.

Pathology group Sullivan Nicolaides is considering a lease of more than 10,000 square metres – about the same as iron ore giant Vale, and advisory KPMG

The requirements come after Suncorp which had a requirement of 30,000 square metres agreed to move to the 42,000 square metre Southport Tower outside of the CBD owned, according to the AFR, by Anthony John Group.

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Brisbane City Council Leases 8000 Square Metres at Brisbane Transit Centre

THE Brisbane City Council will lease 8,000 square metres of office space at the Transit Centre.

The council will fill Telstra space which has sat vacant for six months, and is contributing to the Brisbane CBD’s high office vacancy rate of 10.9 per cent.

Owners GPT Group and the Lend Lease managed Australian Prime Property Fund recently upgraded the 30,000 square metre office from B grade, to A grade quality.

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