This article is from the Australian Property Journal archive
LEIGHTON Properties has secured Sir Richard Branson's Virgin Active Australia as the anchor tenant for the retail component of the 567 Collins St project.
Virgin Active Australia (VAA) has leased 4,400 sqm of space at the $462 million development.
Sir Richard Branson said he was delighted to expand the brand in Australia and looks forward to opening more clubs across the country.
The Virgin Active club planned for Collins Street will feature state of the art facilities, including a 25m pool, aqua lounge and sauna, interactive cycle studio, dedicated mind & body studios, Power Plate studio, indoor climbing walls and cafe.
Melbourne currently has a VAA health club at the eastern end of the Melbourne CBD at 138 Bourke St.
Leighton Properties national head of commercial Andrew Borger said VAA fits in well with the project.
“With Virgin Active Australia set to anchor the retail component within 567 Collins Street, the development will now also offer an onsite market leading health and fitness centres,” he added.
Following this significant transaction, 567 Collins St is now 50% leased including 12,700 sqm to Leighton Contractors, 8,800 sqm to law firm Corrs Chambers Westgarth.
The building includes a 2-3 level high foyer comprising a lobby, cafe and retail component, seven levels of podium campus office and 16 levels of upper tower office with a net lettable area of approximately 55,000 sqm.
Earlier this year, Leighton Properties sold the development to Investa Office Fund (IOF) and Investa Commercial Property Fund (ICPF).
Property Review
