CBRE has been awarded the management of Winten Property Group’s landmark 1 Denison Street tower in North Sydney ahead of its scheduled completion in 2020.
Set to be the tallest skyscraper in North Sydney, 1 Denison will provide over 60,000sqm of premium grade office space over 39 levels above an integrated retail podium and five levels of basement parking.
CBRE has been integrally involved in the pre-leasing of 1 Denison, which is now circa 75% pre-committed to prominent tenants including Microsoft, Nine Entertainment Co and SAP.
Winten Development Director Stuart Vaughan said; “We’re delighted to partner with CBRE to drive the ongoing success of 1 Denison Street, which is set to become a vibrant new hub for North Sydney. The project continues to attract significant occupier interest, underpinned by the opening of the new Metro station and North Sydney Council’s proposed road/pedestrian network upgrade, which is spurring the ongoing revitalisation of the North Sydney office market.”
CBRE’s Pacific Executive Managing Director, Property Management, Amanda Steele said the appointment to provide comprehensive property, facility and accounting management. Services for 1 Denison Street represented one of CBRE’s largest single management assignments in Australia.
“CBRE has worked with Winten over the past two years to provide development insights and leasing services throughout the preconstruction and construction phase, leveraging our capabilities, experience and expertise in major office development projects,” Ms Steele said.
“We look forward to continuing our close partnership with Winten as 1 Denison reaches completion, with a view to providing a next-level customer experience for the building’s incoming tenants.”
Set to be the tallest skyscraper in North Sydney, 1 Denison will provide over 60,000sqm of premium grade office space over 39 levels above an integrated retail podium and five levels of basement parking.
CBRE has been integrally involved in the pre-leasing of 1 Denison, which is now circa 75% pre-committed to prominent tenants including Microsoft, Nine Entertainment Co and SAP.
Winten Development Director Stuart Vaughan said; “We’re delighted to partner with CBRE to drive the ongoing success of 1 Denison Street, which is set to become a vibrant new hub for North Sydney. The project continues to attract significant occupier interest, underpinned by the opening of the new Metro station and North Sydney Council’s proposed road/pedestrian network upgrade, which is spurring the ongoing revitalisation of the North Sydney office market.”
CBRE’s Pacific Executive Managing Director, Property Management, Amanda Steele said the appointment to provide comprehensive property, facility and accounting management. Services for 1 Denison Street represented one of CBRE’s largest single management assignments in Australia.
“CBRE has worked with Winten over the past two years to provide development insights and leasing services throughout the preconstruction and construction phase, leveraging our capabilities, experience and expertise in major office development projects,” Ms Steele said.
“We look forward to continuing our close partnership with Winten as 1 Denison reaches completion, with a view to providing a next-level customer experience for the building’s incoming tenants.”
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
