Investa Commercial Property Fund (ICPF) and joint owner Gwynvill Group (Gwynvill) have announced they have leased a further 9,000 square metres at Sixty Martin Place to three significant global companies, as the development reached topping out stage this month.
As the only premium grade building that will be completed and delivered this year in Sydney’s CBD, the race to secure the remaining space within the building is on.
International Workplace Group, the world’s largest provider of flexible workspaces, has confirmed it will take 4,500 square metres within the building’s podium across levels one to three. Here, it will operate a large co-working space under its brand Spaces.
One of Japan’s three “megabanks”, Mizuho Bank, has also confirmed it will take 1,900 square metres across levels 29 and 30, relocating from 60 Margaret Street. Mizuho has more than 500 branches in Japan and 38 in other countries and is part of the Mizuho Financial Group, one of the largest financial services companies in the world.
A third tenant that operates in the global financial sector, but who cannot be identified at this stage, will take 2,600 square metres.
The new deal confirmations came as ICPF and Gwynvill celebrated the building topping out level 33 with a special ceremony on Wednesday.
To date, more than 23,000 cubic metres of concrete have been poured in almost 4,000 trips by concrete trucks, which if they were lined up end to end would stretch 28 kilometres from the CBD to Parramatta. Within the concrete is placed 3,800 tonnes of steel reinforcing bar equal in length to the distance from Sydney to Melbourne and back.
Construction work will focus on completing the building’s exterior, with the glass facade installation due to be completed in June.
Group Executive at Investa, Michael Cook, said: “Leasing momentum has been strong, especially in recent months as more and more of the building has been revealed.”
“This will be the only premium-grade building to be delivered in Sydney’s CBD this year and sets the benchmark for what an integrated, innovative and modern commercial building can offer. The market has been responding accordingly.”
“With customisable floor plates and panoramic harbour and city views, Sixty Martin Place offers companies the ability to truly create workplaces of the future,” said Mr Cook.
The three new tenants will join previously announced Norton Rose Fullbright, occupying 9,500 square metres as well as Banco Chambers, occupying 2,700 square metres within the office tower.
Designed by HASSELL and constructed by Lend Lease, Sixty Martin Place will occupy a prominent position on the corner of Martin Place, Phillip Street and Macquarie Street.
It features a dramatic and unique cantilever design, with the northern façade extending out eight metres above the neighbouring St Stephens Church. The building also incorporates state-of-the-art end-of-trip facilities, a concierge service, cafes and outdoor terraces. It is targeting a minimum 6-Star Green Star Office, 5-Star NABERS rating and WELLS platinum.
Construction by Lendlease commenced in July 2016 and is on track for completion in September 2019, with tenants expected to start moving in progressively towards the end of 2019.
Investa Group Executive & Head of Commercial Development, Mark Tait, said “topping out was an important milestone for the building, providing an architectural statement and welcome addition to the CBD skyline.”
For further information on the development Sixty Martin Place, please contact Mark Finch
For further leasing information please contact Sarah Ballhausen, firstname.lastname@example.org or visit www.investa.com.au/sixty-martin-place