This article is from the Australian Property Journal archive
ACCOUNTING firm BDO has signed a 10-year lease in Tower 4 at Lang Walker’s $2.5 billion Collins Square precinct.
The $380 million Tower, anchored by ASX listed Link Group will be completed in September 2016.
BDO will occupy one floor of 2,600 sqm in the 21-storey tower and expects to move its 22 partners and in excess of 160 advisory, tax and audit personnel into the building late in 2016.
“We are pleased to be taking a partnership approach with BDO and their advisers to deliver the firm a high quality workplace in a cost effective manner,” Walker Corporation chairman Lang Walker said.
“We are very keen to utilise the large floor plates in Tower 4 to create a connected and enjoyable workspace for our staff, who will also enjoy access to the many amenities of Collins Square and the many nearby public transport links,” BDO Melbourne managing partner David Garvey said.
“BDO are committed to creating a flexible working environment for our staff. The new fitout that we are working on with Walker Corporation and our architects Unispace will position BDO to meet the future needs of our staff and clients,” he added.
BDO were represented by Pepper Property.
Lang Walker recently pulled the plug on the sale of the Collins Square precinct after receiving three bids. It was rumoured that Singapore-Malaysia backed CIMB Trust Capital was one of the interested parties.
The final tower at Collins Square is due for completion in 2017.
When it is completed, Collins Square will comprise five office towers and the refurbished Goods Shed South offering in excess of 250,000 sqm of office space, 10,000 sqm of retail space and a childcare centre, occupying an entire city block.
Tenants at the precinct include the Commonwealth Bank of Australia, Maddocks, KPMG, Marsh Mercer, Transurban, Penguin Random House and Pearson, Link Group, Mott MacDonald and AECOM.
Australian Property Journal
