This article is from the Australian Property Journal archive
OIL and gas giant BP is returning to 250 St Georges Terrace in Perth’s CBD.
has signed a five-year lease deal for 3,308sqm at Perth’s QV1 office tower, drawn in by its sustainability credentials and larger floorplates to accommodate any future expansion.
The new deal will see BP, who were a previous tenant at the tower, relocated from its current office at 240 St Georges Terrace to levels 9 and 10 at QV1 at 250 St Georges Terrace.
Luke Bray, director of advisory and transaction services at CBRE, negotiated the leasing transaction.
“Familiar with the building and its offerings, bp was eager to re-embrace a premium work experience, complete with access to a diverse range of onsite amenities for their staff,” said Bray.
“The new QV1 tenancy is larger than their current premises, providing the flexibility and opportunity to support their future expansion.”
The 1991-built QV1 boasts recent achieved carbon neutral certification from Climate Active, WELL Equity, a Gold WELL Core rating by the International Well Building Institute and leading NABERS ratings.
“Sustainability has become a market differentiator – helping organisations enhance their own competitiveness in the market by aligning with buildings that have a strong green focus,” said Theo Smyrniotis, general manager at QV1.
“Tenants also see value in securing space in sustainable buildings that remain focused on long-term resilience and future-proofing,”
COVID-19 made health, safety and wellbeing a top priority for tenants, workers and asset owners alike, with around one quarter of all office space in Australia enrolled in a WELL certification program.
