Origin – realestatesource https://www.realestatesource.com.au Commercial and residential property news Sun, 17 Jun 2012 05:00:31 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Origin – realestatesource https://www.realestatesource.com.au 32 32 Origin Joins List of Major Tenants Seeking Brisbane Space https://www.realestatesource.com.au/origin-joins-list-of-major-tenants-seeking-brisbane-space/ Sun, 17 Jun 2012 05:00:31 +0000 http://realestatesource.com.au/wordpress/origin-joins-list-of-major-tenants-seeking-brisbane-space.html 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.

]]> Developers planning to build new offices in the city include Japanese group Daisho and ISPT, Marquette Properties and Devine.

About 30,000 square metres of Brisbane office leases are expected to be struck before the end of the third quarter.

However, Steve Urwin, a director of advisory group MPS, said a nervousness about the market in the past few months is expected to suppress rent surges. He said Brisbane’s fringe city markets could cope with many large requirements that have come onto the market recently.

 

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