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News release


New property management appointment for iconic Sydney office tower

SYDNEY, 15 August, 2013 – Global Real Estate firm Jones Lang LaSalle has been appointed on behalf of joint owners, the Lend Lease managed APPF Commercial fund and their Co-Owner, to provide property management services for the newly refurbished  1 O’Connell Street, Sydney, effective as of August 3, 2013.

The premium-grade, 34-storey, 34,800sqm commercial office building, located in a high-profile location within Sydney’s CBD with iconic Sydney Harbour views, is currently undergoing a major refurbishment.

The scope of works includes a transformation of the main lobby and refurbishment of floors in the Tower, and significantly upgraded building services. Further plans exist to undertake a refurbishment to re-position the retail centre, The Wintergarden, and the creation of new end-of-trip facilities including provision for over 200 bicycles, and new extensive change room facilities. The building upgrades are designed to significantly improve the sustainability performance of the property.

Jones Lang LaSalle’s Head of Premium Asset Group for Property and Asset Management Services Michael George said, “This is an exciting new appointment for us. We look forward to delivering our extensive property management experience to the joint owners and all stakeholders of 1 O’Connell Street.

“The property’s significant refurbishments, coupled with our proven prime grade asset experience and innovations, are set to project the building as one of Sydney’s most sought-after premium commercial office towers,” concluded Mr George.