8 Chifley Square, Sydney, NSW

8 Chifley Square, Sydney, NSW
IN PROGRESS

DESCRIPTION

A premium grade commercial office development on a landmark Sydney CBD site. Key to the design is the innovative tenancy "villages" concept. The tower comprises seven unique villages each providing unparalleled connectivity, interaction and amenity through vertical intergration. The villages range in size from 1,800 to 2,650 sqm and are separated by single floors, with a total net lettable area of over 19,100 sqm.

OWNERSHIP

50% MPT, 50% K-REIT

SUMMARY INFORMATION 
VALUATION AS AT
31 DECEMBER 2011		$81.7m1
VALUERSAVILLS
LAST EXTERNAL VALUATION31 Dec 11
PROJECT COST$154.4m2
CAPITALISATION RATEN/A
ACQUISITION DATEApr 06
FORECAST COMPLETIONFY14

PROJECT UPDATE

Leasing program commenced; Agreement for lease executed on 16th December with Corrs Chambers Westgarth to lease 8,080 square metres (42% of net lettable area).

1) Represents the valuation for 100% of the building.

2) MPT share of total project costs.