Keppel REIT and Lendlease have secured global data, analytics and technology company Equifax as the anchor tenant for the new office development Blue & William in North Sydney.
Equifax will occupy around a third of the building’s net lettable area — which is approximately 4,350 sq m across levels 5 to 7 — following a relocation from two separate offices in North Sydney. The company is expected to move in from late 2023.
Located on the prime intersection of Blue and William streets, the 10-storey development was acquired by Keppel REIT in December 2021. Blue & William reached structural completion in September 2022 with façade and internal fit out progressing in advance of practical completion by mid-2023.
Blue & William marks Keppel REIT’s strategic expansion into North Sydney, says Keppel REIT Management CEO Koh Wee Lih. The major commercial district’s connectivity will be enhanced when the new Victoria Cross Metro Station linking North Sydney to Sydney Central Business District is completed in 2024.
“We are pleased that Equifax has chosen Blue & William as its preferred business address, reaffirming our positive sentiments on the North Sydney market. In line with Keppel REIT’s commitment towards sustainability, Blue & William is designed to be a smart and green office building, with tenant experience and wellness as a priority,” says Koh.
Lendlease is developing and managing the building, expanding its footprint in the area and bolstering its commercial development pipeline in North Sydney, which is undergoing rapid transformation.
Designed by global architecture and design studio Woods Bagot, Blue & William will provide panoramic views of the Sydney Harbour, a landscaped wellness garden and further open spaces, an on-site café, a premium lobby and end-of-trip facilities.
The building is designed to achieve the 5 Star Green Star Design and As Built Rating by the Green Building Council of Australia, as well as the 5.5 Stars National Australian Built Environment Rating System Base Building Energy Rating, the company said in its announcement.
As at 9.58am, shares in Keppel REIT are trading 0.5 cents lower or 0.55% down at 89.5 cents.
