CHARTER HALL's Core Plus Office Fund has signed the Police & Nurses Credit Society to a 10 year lease at its ONE30 Stirling Street project on the fringe of Perth's CBD.
Police & Nurses has preleased 4,100 sqm of A-grade office space in the development which will see the West Australian financial institution consolidate and relocate their two offices in Adelaide Terrace to ONE30 Stirling Street in mid 2009.
Charter Hall’s Perth development manager Chris Pratt said ONE30 Stirling Street was primarily selected by the Police & Nurses Credit Society because of its accessibility to the city, local amenities and surrounding transport links.
Police & Nurses’s chief executive Fred Huis said ONE30 Stirling Street provides the organisation with an efficient new platform from which to operate and grow the business for at least the next 10 years.
The ONE30 Stirling Street site and adjoining Hatch building were acquired by Charter Hall’s $1.5 billion Core Plus Office Fund in 2006.
ONE30 Stirling Street is a 4-level building comprising 11,500 sqm of office space with 740 sqm of associated retail space.
The building is targeting a 4.5 star ABGR and a 4 star Green Star Rating.
Australian Property Journal
