This article is from the Australian Property Journal archive
BENDIGO and Adelaide Bank will move to Charter Hall’s 555 Collins Street in the Melbourne CBD, bringing the building’s total floor space leased up to 76%.
Bendigo and Adelaide Bank is set to occupy 4,000sqm of premium office space across levels three to five, after relocating from the Docklands in 2025.
“Our Melbourne-based corporate team members are ready and looking forward to embracing new workspaces that support innovation and collaboration, as we deliver on our vision to be Australia’s Bank of choice,” said Andrew Morgan, CFO at Bendigo and Adelaide Bank.
In negotiating the deal, Charter Hall was advised by James Palmer at JLL, with Bendigo and Adelaide Bank advised by Peter Walsh at JLL.
“We are pleased to welcome Bendigo and Adelaide Bank as our newest tenant customer at 555 Collins Street, which is becoming livelier with each day, as fit outs are completed and our customers are moving in,” said Carmel Hourigan, CEO at Charter Hall Office.
“This lease agreement demonstrates the continued demand for premium office space by some of Australia’s best-known companies. We look forward to working with Bendigo and Adelaide Bank to deliver a workplace that meets the needs of its people while aligning with its corporate values and sustainability objectives.”
555 Collins Street reached practical completion in June this year, with Hub Australia now operating within the building.
Hub Australia is now managing Charter Hall’s first premium coworking space, 555 Collins Exchange.
While many tenants are set to move in over the next few months, including Amazon, Aware Super, Allianz Australia, Ericsson and Connective.
“We are proud to be welcoming tenant customers into 555 Collins Street, which has delivered on the shared vision with our capital partner GIC to develop a landmark office tower in a well-located, vibrant CBD precinct,” said Miriam Patterson, fund manager at Charter Hall Prime Office Fund.
“This asset is one of 32 prime office assets in our top performing portfolio that continues to offer investors with long-term stable income and enhanced returns through a measured develop to core strategy.”
555 Collins Street has achieved a Platinum WELL Rating, 6 star Green Star Design rating, WIRED Platinum Score and is targeting to be Carbon Neutral in operations, 6 star NABERS Waste rating, 5 star NABERS Energy rating, 4 star NABERS Water rating, and a 5 star NABERS Indoor Environment rating.
