Parkline Place is pushing occupancy close to 98 per cent just one year after completion – a result that underscores confidence in the award-winning, 39-storey building and Sydney’s Midtown.
Joint owners, Oxford Properties Group (‘Oxford’) and Mitsubishi Estate Asia (‘MEA’), alongside developer and manager Investa, are delighted to welcome new tenant, Bank Australia to Parkline Place, noting the pace of leasing as momentum continues to build for the newest workplaces that are well-located, highly amenitised and backed by best-in-class ownership and management.
Investa Head of Leasing, Mark Podgornik, who co-brokered the deal alongside CBRE, said the result reflected a clear shift in occupier priorities. “Businesses are increasingly focused on connectivity, high quality, sustainability and amenity – and Parkline Place has resonated strongly with that brief,” he said.
“Bank Australia was attracted to the large floor plates and the abundance of natural light giving flexibility in how they use their space.
“Just over one year on from opening, it is fantastic to have a thriving building community enjoying the really exceptional mix of customer service, hospitality, the seamless connectivity with Gadigal Station directly beneath the building and premium specialty food and beverage retail available. The success of Parkline Place is testament to the strength of partnership between Oxford, MEA and Investa, and the quality of our teams to execute against our shared vision for a world-class transit connected workplace,” Mr Podgornik said.
“Parkline Place stood out for us given its central location, providing our people with opportunities to commute via public transport, in line with our commitment to climate action. As a purpose-driven organisation, Parkline Place’s strong sustainability credentials align closely with our purpose and commitment to climate action. It also supports our continued growth and helps us create the best possible environment for our people,” said Bank Australia Managing Director, Damien Walsh.
Parkline Place is a Premium-grade, next‑generation workplace attracting a strong mix of government and blue‑chip private sector tenants, including four NSW Government agencies, Insignia Financial and BDO Australia. An exciting mix of hospitality and retail across levels one and two is now fully operational and provides a distinctive customer experience for the diverse tenant community now calling Parkline Place home, with premium offerings including Gyukatsu Kyoto Katsugyu, The Grounds’ new Park St. Diner and Cha-no-wa matcha bar.
The first new office building in Sydney’s Midtown in almost a decade, upon its completion last year, Parkline Place is designed to meet the expectations of modern occupiers. A fully electric building powered by renewable electricity, Parkline Place has been awarded a 6 Star Green Star Design & As Built v1.3 rating, representing world leadership in sustainable building design and construction.
For further information about Parkline Place, visit www.parklineplace.com.au.
