17 Aug 2016

Dexus secures Roche at 30 The Bond Sydney

17 August 2016 

Dexus secures Roche at 30 The Bond, Sydney

Dexus (“Dexus”) today announced that it has secured Roche (Pharmaceuticals) Australia (“Roche”) for a long term lease across 4,418 square metres at 30 The Bond, Sydney.

Kevin George, Executive General Manager, Office & Industrial said: “As a result of this lease, Roche will take up around 25% of the space at 30 The Bond previously occupied by Lend Lease. We have been able to build on our existing relationship with Roche and capture the flight to quality that is underway in the Sydney office market.”

Roche will be relocating its head office from the Northern Beaches and is excited about the move to the Sydney CBD.

Roche (Pharmaceuticals) Australia Managing Director, Svend Peterson said: "The new CBD location will help Roche create a modern, vibrant and collaborative workspace and improve accessibility and connectivity with a wide range of stakeholders. We anticipate that culture change will occur as a result of the location changes and our increased focus on greater flexibility and collaboration."

Dexus has negotiated a settlement with Lend Lease to terminate its lease obligations relating to the office space they occupied at 30 The Bond. In addition to the Roche lease, Dexus is in negotiations with several parties to lease the remainder of the space.

30 The Bond is an award-winning contemporary nine level office building located in Sydney's newest business, retail and dining precinct - Barangaroo. The A Grade building offers some of the largest floor plates in Sydney providing the best in workspace efficiency, integration and interaction. The lobby features internal stairs, glass lifts, and suspended meeting rooms with large break out spaces.


Dexus Investor

Rowena Causley

Head of Listed Investor Relations

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