ANZ signs lease for Sylvia Park tower
ANZ will be moving 800 staff members into to Kiwi Property Group’s Sylvia Park office tower development next year.
ANZ subsidiary Arawata Assets signed a nine-year lease for five floors of office space in the Sylvia Park town centre, which is underconstruction.
The Auckland building is due to be completed in June, with an estimated cost of $80 million.
Kiwi Property chief executive Chris Gudgeon said: ‘‘ANZ taking this significant space in No. 1 Sylvia Park reflects [its] transition to a town centre.’’
IAG has also leased nearly a third of the office space and will move about 350 staff into Sylvia Park in August.
Gudgeon said: ‘‘Our ability to successfully lease more than 10,000 square metres of office space in the building to major corporates such as ANZ and IAG shows the market is looking for such an offering.’’
ANZ has leased a total 6740 square metres in the building.
ANZ chief operating officer Mike Bullock said the company was looking forward to moving many of its call centre staff in Auckland into the building at No.1 Sylvia Park from about the middle of next year.
About 800 staff from ANZ’s Penrose call centre and the bank’s Carlton Gore Rd operations centre will be moving into the building.
‘‘No.1 Sylvia Park is state-of-theart and has strong public transport links and retail, food and recreational facilities around it that are important for attracting and retaining staff,’’ Bullock said.
Co-working office space company BizDojo had also secured a 10-year lease on the building’s ground floor last year. The company has since been purchased by United Kingdom-listed company IWG and renamed BDG.
IWG New Zealand country manager Pierre Ferrandon said the company is in discussions with Kiwi Property to determine which of its flexible workspace formats, BizDojo, Regus or Spaces, would be best suited to the Sylvia Park office tower.
Kiwi Property began developing the shopping centre further in March as part of a $223m retail expansion.
Sylvia Park has a projected value of $1.12 billion upon the retail expansion’s completion in mid2020.
ANZ has exclusive naming and signage rights to the building.