Law Firm Ashurst Leases Sydney CBD Office Space

A MAJOR leasing deal for an historic office building known as the “money box” may result in additional levels being added at the centre of Sydney’s banking district.

International law firm Ashurst is reportedly in advanced negotiations for 16,000 square metres of space at the 5 Martin Place office building (pictured, right), once occupied by the Commonwealth Bank.

The $450 million development is co-owned by the Commonwealth Property Office Fund (CPA) and industry super fund Cbus. The addition of nine additional levels in the Sydney CBD is expected to take about 2 ½ years to complete, according to the AFR which reported the Ashurst lease.

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TRUenergy Expands and Re-Leases at 385 Bourke Street, Melbourne

EXCITABLE Gas and Electricity Supplier TRUenergy has decided to stay put at its 385 Bourke Street office, on the footstep of the Bourke Street Mall.
 
TRUenergy will slightly expand the amount of space it leases at the building, to 9,295 square metres, over seven contiguous floors.
 
TRUenergy’s lease at the Commonwealth Property Office Fund owned tower was due to expire next November. 

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