Grosvenor established its business in Sydney in 1967, followed by Brisbane, in 1988. We have a strong track record in developing high quality buildings, both in our own right and in joint venture partnerships.
With a current development pipeline in excess of $500m, we are actively pursuing opportunities nationally.
Key Development Projects include:
- 60 Station Street, Parramatta - a suburban A-grade office building development with expected Net Lettable Area of 25,000m². The parcel of land has an area of 3,205m² and occupies a prominent corner location, well-located to public transport and shops. Construction is expected to commence this year.
- 400 George Street, Brisbane – a Central Business District A-grade office building with a 5 Star Green Star office design rating. It is currently under construction with a 30% tenant precommitment.
- 25 Smith Street, Parramatta, Sydney – a suburban A-grade office building completed August 2007, with the office component fully committed prior to completion. Retail leasing well advanced.
In addition to our development program, we have a diverse investment portfolio of over $650 million. Actively managing our properties, we add value to our assets by continually attaining high occupancy levels, strong rental growth and extending lease expiries.