No.1 Martin Place Trust
No.1 Martin Place Trust (1MPT) was established in 2002 to acquire a 50% interest in the office tower and car park located at No. 1 Martin Place, Sydney. Located in the financial heart of Sydney, No.1 Martin Place is one of Australia's most esteemed business addresses. The 24-level A-grade office building boasts flexible floor plans, floor-to-ceiling windows and views of the surrounding city - all in the centre of the Sydney CBD. Beneath the office tower is seven levels of basement car parking.
Comprising just 15 buildings, this well-known pedestrian thoroughfare is home to some of the biggest names in Australian business. Convenient to all parts of the city, Martin Place is central to all public transport including three train stations and several bus stops. Not only a centre for business, Martin Place is renowned for its premium selection of restaurants, bars, cafes, shopping centres and accommodation.
Tenancy update - March 2012
Macquarie Group has advised it will not exercise its option to remain in No. 1 Martin Place, Sydney at the completion of its existing leases.
Charter Hall sees this as a unique opportunity to re-position and offer what is one of Australia's most recognised business addresses, No. 1 Martin Place, at a time in the office cycle that is expected to have limited modern contiguous office space opportunities.
-
Fund at a glance
- Fund size: $233 million
- Unit price: $0.94
- Quarterly distribution: 1.6 cents per unit
As at 31 December 2011
-
Contact us
Charter Hall: 1300 652 790
directproperty@charterhall.com.auUnit Registry: 1300 137 895
charterhall@computershare.com.au
