Sydney, 01 July 2015 – Swiss fashion house Bally will open a new marketing and showroom space in Sydney after it signed a five-year lease on a CBD office property.
Located on level four, 99 Elizabeth Street, the 146sqm suite offers views of Hyde Park. The annual rental is $846 gross per square metre.
CBRE’s Rosie Origlia negotiated the lease on behalf of lessor Tackelly No.8.
She commented on the deal: “The property is well suited to accommodate the retailer’s showroom and marketing office, while the design elements of 99 Elizabeth Street are also in line with the Bally brand.”
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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.