Tenants sign on for Barangaroo tower

Written By Unknown on Rabu, 30 April 2014 | 21.29

Two firms have signed up as tenants for the tallest building at Sydney's Barangaroo development. Source: AAP

PLANNING for the tallest office tower at Sydney's Barangaroo development will commence after the developer secured two tenants for the 49-storey building.

PricewaterhouseCoopers Australia will take 12 floors of the tower and HSBC Bank Australia three and a half floors, under new leases signed with developer Lend Lease.

Lend Lease will now commence development and funding of the building, and intends to introduce co-investors into the tower "at an appropriate time in the future", it said in a statement on Wednesday.

Construction is expected to begin in the second half of 2014, and is expected to be completed in the 2016/17 financial year.

Barangaroo South is planned to be a major financial district of Sydney's CBD, and will include an exclusive casino and hotel to be operated by Crown Resorts.


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