This article is from the Australian Property Journal archive
AMIDST Sydney’s COVID-19 lockdown, Investa Commercial Property Fund (ICPF) has renewed long term tenant Aon’s lease at Maritime Trade Towers.
Aon has held a tenancy at Maritime Towers 201 Kent Street since its completion in 1988 and will from late 2022 commence a new five-year lease term over 7,236sqm of the building’s top floors.
“We’ve invested enormous time and energy to ensure the building’s services and amenities have stayed relevant for the changing needs of the tenant in the current environment,” said Michael Cook, group executive of property at ICPF.
“Aon’s most recent renewal for another five-year term is a great endorsement of this investment.”
This will mark more than four lease terms for Aon at the building after nearing on 40 years in the location.
“Great credit should also be shared by General Manager, Liam Stewart and his team, but also to the many property and facilities teams who have had the task and pleasure of managing Aon over numerous lease terms,” added Cook.
The A-grade building, which is owned by Investa’s wholesale fund, sits in Sydney’s western corridor and includes 39,000sqm of net lettable area, a 5.5-star NABERS Energy rating and amenities such as childcare, a courtyard, end of trip facilities and a dedicated property management team.
The site, which includes the historic Grafton Bond Building, also hosts co-working operator, Work Club, as well as indoor and outdoor café and provides its tenants with immediate transport connectivity.
“Aon’s tenancy at 201 Kent Street has contributed to the performance and reputation of ICPF and we greatly appreciate Aon’s endorsement of the building through their ongoing tenancy,” said Brendan Lobby, fund manager.
Meanwhile, suites at 201 Kent Street are currently available.
