45 Clarence Street Acquisition & Transaction

45 Clarence Street is a true landmark office tower in Sydney’s financial district. The building is located opposite Barangaroo, one of the world’s largest renewal projects. Completed in 1991, the 28-level, A-Grade building has an NLA of circa 32,000sqm with 1,250sqm floor plates. 45 Clarence Street has a strong, diversified tenancy profile, including ASX-listed companies and leading financial institutions.

We acquired the property as a quality A-Grade asset and strategic development site in the heart of major infrastructure projects, including Barangaroo and Wynyard Station. 45 Clarence Street has the potential to become one of the world’s next ‘super prime’ sites. In the interim, the asset attracts diverse occupiers who enjoy proximity to a major station and Barangaroo.

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  • 2020

    Acquired off-market in June 2020

  • $ 530 m

    Acquisition price

  • 32000

    NLA of circa (sqm)

  • 28

    Level office building

  • 1250

    Typical floor plate (sqm)

  • 5 Star

    NABERS Energy rating

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