CAM George Street DA
Entrance to the 10 Carrington Street commercial tower, of which 3 levels have been leased to Moelis Australia. Source: Image supplied.
  • Brookfield Place Sydney is a premium development in the centre of the CBD
  • ASX-listed Moelis Australia has secured a lease deal for 3,800 sqm of space
  • Moelis have agreed to a seven-year lease term commencing February 2022

Moelis Australia, an ASX-listed financial services group specialising in asset management has recently signed a deal for 3,800 sqm of premium space in the heart of the Sydney CBD. The $2 billion development will also welcome NAB, Allianz, Brookfield, and Hub as anchor tenants.

Previously called Wynyard Place in its early development, Brookfield Place is a premium brandmark awarded by Brookfield to a number of commercial property precincts aiming to deliver state-of-the-art building systems, premium workspaces, high-level retail amenity, and leading sustainability credentials.

The development was designed in collaboration with Make Architects and Architectus.

Only five other Brookfield Places exist in the world, including one in Perth with the main tenant being BHP (completed in 2012).

Moelis Australia will occupy Levels 26, 27, and part of 25 in the main office tower (10 Carrington Street) of Brookfield Place Sydney, agreeing to the seven-year lease term commencing February 2022.

Full view of the 10 Carrington Street commercial tower, the centrepiece of Brookfield Place. Source: Image supplied.

Moelis Australia Joint-CEO, Julian Biggins expressed his excitement at the opportunity to occupy a “state-of-the-art building” that would allow them to provide top-of-the-line amenities and well-being to the people of Sydney.

“Brookfield Place delivered on this requirement with its sustainability, building standards, open-plan design and central location making us very excited to call Brookfield Place our Sydney home in the future.”

Executive Vice President and Co-Head of Brookfield Properties, Carl Schibrowski said the company looked to develop a project at the centre of the Sydney CBD that would make a major contribution to the existing cityscape.

“When you look at the quality of the commercial tenants we have been able to attract, it’s clear to see we have hit all of those benchmarks we set for ourselves. Prior to completion, we have now committed over 90% of the available area and we have some great prospects for the remaining space.

“While COVID has impacted some economic activity, we continue to see good demand for high-quality space right across Australia.”




You May Also Like

“Sydney setting the pace”: CBD office rents march higher

Cushman & Wakefield’s quarterly Office Marketbeat reveals 2.9% quarter-on-quarter uplift in Sydney

Canberra office market shows impressive resilience and growth

The market is underpinned by low vacancy, large developments in the pipeline and strong rental growth

Accenture and Lendlease to expand data insights platform

The platform which uses AI and virtual reality will be expanded to increase digital and in-store visits.

Demand for life science assets on the rise in Australia

Australians are getting older and this is contributing to the increase in demand for life science assets across Australia

Top Articles

PropertyGuru Asia Property Awards (Australia) returns for its 7th edition, including several brand new award ...

This year's awards include several brand new categories, with entries closing 2 August 2024.

Rentvesting in Australia: A deep dive

Rentvesting offers an alternative path into the property market for priced-out first-time buyers.

Housing crisis survival guide: How to buy your first Australian property

Three property experts give the low down on how to nab a home in this tough housing market.