PERTH, Australia, 2 February 2015: Brookfield Property Partners L. P. (“Brookfield”) has finalised a 12 year lease agreement with leading international law firm Ashurst to occupy 3,600 square metres (38,750 square feet) at Brookfield Place Tower 2 in Perth’s central business district.
Brookfield Place Tower 2 is a PCA Premium Grade 16-level office tower with a total of 33,600 sqm (362,000 square feet) of net lettable area. The property will have large, efficient, column-free floor plates of 2,100 sqm, ground level conference facilities, 110 secure basement parking spaces and state of the art end of trip facilities provided for over 330 bike commuters.
In line with Brookfield’s global commitment to providing high quality sustainable work environments, Brookfield Place Tower 2 is targeting high scoring NABERS and Green Star ratings. The property is also one of the first commercial office towers in Perth to use Tri-generation technology – being the simultaneous production of power, heat and cooling from as a single fuel source such gas.
Kurt Wilkinson, President and Chief Operating Officer – Australian Office Division, Brookfield Property Partners, said: "Brookfield Place is already home to a number of blue-chip, internationally-recognised businesses, so we are delighted to welcome Ashurst to Tower 2 and further cement the precinct’s reputation as the premier commercial address in Perth.”
Ashurst's Perth Head of Office, Adrian Chai, said: "Ashurst has a global network of offices, exceptional clients and people, a reputation for quality and a track record of market-leading work for some of the world's top businesses. We are excited by the opportunity to move to Brookfield Place which will support part of the Ashurst vision of creating an exceptional place to work with a real sense of community."
The Brookfield Place Tower 2 project incorporates a sheltered upper-level walkway across Mounts Bay Road to provide greater connectivity between the Perth Bus Port, Esplanade Train Station and Perth’s city centre. The project is 100% owned, developed and will be managed by Brookfield Property Partners and constructed by affiliate Brookfield Multiplex. It is scheduled for completion by the end of this year.
Ashurst will occupy levels 10 and 11 of the property. Other pre-committed occupants for Tower 2 include Deloitte, Corrs Chambers Westgarth and Brookfield Multiplex.
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Brookfield Property Partners (NYSE: BPY; TSX: BPY.UN) is a leading owner, operator, and investor in best-in-class real estate around the globe. Our diversified portfolio includes interests in over 300 office and retail properties encompassing 250 million square feet, 23,000 multi-family units, 48 million square feet of industrial space, and a 100-million-square-foot development pipeline. Our assets are largely located in North America, Europe, and Australia but also include a growing presence in China, Brazil and India. For information, please visit www.brookfield.com
About Brookfield Place Perth
Brookfield Place Perth is one of Australia’s most significant commercial precincts. Located in the heart of Perth’s CBD, the development’s centrepiece is a premium-grade, 45-level office tower incorporating the latest in workplace design over 75,000 square metres (807,300 square feet) of which BHP Billiton is the anchor tenant. With the addition of Tower 2, which is currently under construction, the precinct will include approximately 120,000 square metres (more than 1,292,000 square feet) of office and high-end retail accommodation, food and beverage and service outlets to Perth’s CBD. Brookfield Place Perth is fully owned, managed and built by Brookfield and its subsidiaries. For more information, visit www.brookfieldplaceperth.com
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