Suncorp banks on new CBD premises
ONE of Australia’s leading financial services groups Suncorp has secured its new Brisbane CBD headquarters.
Suncorp will consolidate its operations as the major tenant in Mirvac’s $800 million, 80 Ann St development.
The ASX-listed financial group will take up 39,600sq m in a 10-year term when the premium 32-storey building is completed in 2022.
Suncorp chief executive Michael Cameron said the new workplace would reflect Suncorp’s Queensland heritage, “with a design that is focused on our people and their experience, as well as engaging our customers and the community”.
“It will provide the flexibility we require for our future workforce and is an opportunity to bring our teams in Brisbane together into one location, creating efficiencies as we have done in Sydney, Auckland and Melbourne,” Mr Cameron said.
Mirvac beat the Investa/ CharterHall proposed tower at 370 Queen St after an exhaustive selection process.
JLL’s Seb Turnbull and Luke Billeau sold the site to Mirvac for $79 million while Colliers International and JLL acted on behalf of Mirvac on the leasing component of the deal.
Designed by Woods Bagot, the new tower will offer a contemporary podium and the largest tower floorplates in the Brisbane CBD.
The expansive ground plane will be activated with extensive retail amenity (including the heritage-listed Turbot St Fruit Market building), and provide connectivity between Ann St and Turbot St.
Photo: Contributed