Deloitte Signs 10-Year Lease for Parramatta Square Tower

Deloitte Australia will take up a 10-year lease in Walker Corporation's new Parramatta Square precinct development in September next year.

Deloitte will become a key tenant at 8 Parramatta Square, signalling its commitment to the future of Western Sydney.

The $2.7-billion Parramatta Square redevelopment includes four towers, premium-grade office space, a multi-level retail podium and civic buildings, as well as a university campus as part of the wider precinct.

Tower 6 and 8 will be the largest CBD commercial office building in Australia by gross floor area.

The 10-year lease is for 3500sq m of commercial space in the 55-storey building.

Deloitte chief operating officer Andrew Griffiths said workplace flexibility was a key deliverable for the professional services firm.

“With changing workplace demands and increasingly flexible working arrangements that see our people working from the office, at client sites or at home, we are focused on providing our people with truly adaptable and agile workplaces of the future,” Griffiths said.

“Parramatta is, and will continue to be, uniquely placed as a key corporate hub in Western Sydney, and is central to the commercial life of this high-growth region.

“We have had a dedicated presence in Parramatta for many years, and this next move will firmly cement our investment in, and commitment to, Western Sydney.”

Walker Corporation executive chairman Lang Walker said he was proud to welcome the firm to “the beating heart of Western Sydney”.

“Deloitte is a leading global professional services firm with a proven track record of leading the way in innovative workflows for their staff and clients, and that’s why they are a perfect fit for 8 Parramatta Square,” Walker said.

Walker said the premium office space was well connected to transport, as well as entertainment and shopping precincts.

Deloitte Western Sydney managing partner Helen Hamilton-James said Parramatta was an increasingly important and growing market.

“Eight Parramatta Square will give us greater flexibility in this age of hybrid working, via innovative and adaptable spaces, integrated tenant amenities, and access to public transport, retail and public spaces,” Hamilton-James said.

“This move will represent the next phase of supporting our clients in this increasingly important and growing market, and delivering positive outcomes that will help shape the future of the Western Sydney region and its communities.”