mirvac pads out tenant list at olderfleet

Mirvac has signed two major leases at its flagship Olderfleet development in Melbourne’s CBD, with law firm Lander & Rogers joining a childcare operator as 477 Collins Street’s newest tenants.

Lander & Rogers will commit to 5000sq m in Melbourne’s largest premium-grade office building, occupying three-storeys across levels 12 to 15.

Kids Club Early Learning Centres has committed to about 1,000sq m – its first CBD childcare centre – delivering a childcare option for 130 children.

“With more and more people working flexibly, and outside the traditional hours of nine to five, a convenient childcare option was paramount for the tenants at Olderfleet,” Mirvac development director Frank Lonetti said.

Mirvac sold a 50 per cent stake in its landmark office development to Singapore’s Suntec REIT in mid-2017.

The Suntec REIT paid $414 million for the stake, agreeing to fund 50 per cent of the development costs of the 56,000sq m office building.

The newly announced tenants will join anchor tenant Deloitte and law firm Norton Rose Fullbright in the 40-storey tower. Deloitte has committed to 26,000sq m for 12 years, while Norton Rose will occupy 5,100 square metres.

Mirvac said construction at Olderfleet is on schedule, with completion set for 2020.

The Grimshaw Architects-designed Olderfleet tower is targeting a 5 Star Green Star, 5 Star NABERS and platinum WELL certification.

Related: Mirvac Launches Build-to-Rent ‘Club’

WeWork leases six floors in Spencer Street

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