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BBC Studios Australia to relocate to Keppel REIT asset in North Sydney

Ashley Lo
Ashley Lo • 2 min read
BBC Studios Australia to relocate to Keppel REIT asset in North Sydney
BBC Studios Australia is set to occupy approximately 1,800 sqm on the third level of the ten-storey building. Photo: Keppel REIT
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The manager of Keppel REIT and Lendlease have announced the relocation of BBC Studios Australia’s headquarters to boutique office development at 2 Blue Street in North Sydney, an asset owned by the REIT.

BBC Studios Australia, a content studio and media streaming business, is set to occupy approximately 1,800 sqm on the third level of the ten-storey building, joining other tenants, such as Equifax, Human Synergistics and Pacific National. 

2 Blue Street is a A Grade building, which was acquired by Keppel REIT in December 2021 and reached practical completion in April last year. The group says Lendlease developed and is managing the building, “adding to its growing commercial footprint in North Sydney”. 

Koh Wee Lih, CEO of Keppel REIT Management, 

Mr Koh Wee Lih, Chief Executive Officer of Keppel REIT Management, the manager of Keppel REIT, said, “ With a focus on smart and sustainable features, 2 Blue Street exemplifies the next-generation office that businesses desire. We are pleased to welcome BBC Studios Australia to their new headquarters at 2 Blue Street, where they will benefit from its prime location, state-of-the-art facilities and energy-efficient features, all of which have made this Grade A office building the preferred business address for corporates.”

Tom Mackellar, CEO Development of Lendlease, adds: “2 Blue Street is now 80 percent leased, and we’re continuing to see strong interest in premium workplaces in North Sydney, especially since the opening of the new metro station, which has transformed connectivity for the area.” 

See also: Elite UK REIT to divest Hilden House for GBP3.3 mil

Units in Keppel REIT closed 0.5 cents lower, or down 0.58%, at 86.5 cents on Nov 18. 

 

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