Chifley Square to become QBE’s new headquarters

Mirvac Group

and Keppel REIT announced on Monday that QBE Insurance Group has signed an agreement to lease at 8 Chifley Square in Sydney.

QBE will occupy approximately 2,800sqm of the 34-storey building, which is on the corner of Hunter and Elizabeth Street.

The 10-year lease will cover the top four floors and will take the building to more than 56 per cent pre-committed.

Andrew Butler, Mirvac’s CEO Investment, said, “We are delighted to welcome QBE to 8 Chifley Square. Our ability to develop premium grade commercial buildings of this caliber has led to this new lease and demonstrates the appeal of 8 Chifley for tenants considering high quality, sustainable accommodation with adaptive workplace platforms.”

CEO of Keppel REIT Management, Ms Ng Hsueh Ling, said, “The strategically-located 8 Chifley continues to attract good leasing interest from well-established corporate tenants. We are happy to add QBE to our portfolio of blue-chip tenants.”

8 Chifley Square is developed by Mirvac Group and designed by Rogers Stirk Harbour and Partners and Lippmann Partnership.

The building features a “village” where one to three floors of interconnected office spaces can be leased.

A design feature of the building is the unique five-storey high atrium that offers a grand entrance.

The joint owners are committed to making the tower as environmentally sustainable as possible and have been awarded a 6 Star Green Star rating.

8 Chifley Square is on track for completion in August 2013 and is the latest skyscraper to be completed in the northern end of Sydney’s city for many years.

Leading law firm Corrs Chambers Westgarth has also signed up over 8,000 square metres of space or approximately 42 per cent of the building’s net lettable area for a 12-year term.