Sydney, 15 June 2015 – Developer Chiwayland Australia has signed a three-year lease on a B-grade office property in the heart of Sydney’s CBD.
CBRE’s Jamie King negotiated the lease of the 175sqm property at 25 Bligh Street on behalf of Kingsmede Property Management. The rental is $780 per square metre gross.
Mr King said the 17th floor office suite offered excellent natural light and an existing fitout that suited the needs of Chiwayland Australia.
“The tenant required a central position in the CBD and this Bligh Street office property offered exactly this,” Mr King said.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.