Investment house Moelis Australia has joined the list of new tenants to take up space at the recently-completed $2 billion Brookfield Place Sydney, between George and Carrington streets, Sydney.
The blue-chip financial firm will take over 4000 square metres for a seven-year lease from February 2022, after leaving Governor Phillip Tower. It will join anchor tenants NAB, Allianz, Brookfield and Hub as builder Multiplex adds the finishing touches to Brookfield Properties’ project.
Lendlease’s APPF Commercial now owns a half share with long-time co-owner Dexus of Governor Phillip Tower at 1 Farrer Place, Sydney.
Carl Schibrowski, executive vice president and co-head of Brookfield Properties said while COVID-19 has impacted on some economic activity, “we continue to see good demand for high-quality space right across Australia”.
Moelis Australia joint-chief executive Julian Biggins said in searching for the next Sydney headquarters, “we were focused on finding a state-of-the-art building that demonstrated our desire to provide a market-leading level of amenity and well-being to our people who are critical to our entrepreneurial growth culture”.
Goodman Group has also opted to leave its long-time headquarters at the Dexus-owned 60 Castlereagh Street to its new company-owned site at Rosebery in Sydney’s south.
The lease expires at the end of 2021 and the building is undergoing upgrades, after which Dexus will seek a new tenant.