The property is leased to Westpac Banking Corporation, which occupies 100% of the property.
The building underwent an extensive refurbishment in 2016, which included base building works, upgrades to plant and equipment and tenant fit out works.
Lease Expiry Profile1
1By gross passing income (REIT ownership interest).
|Tenant||NLA (sqm)||NLA (%)||Expiry (date)||Review (%CPI)|
2NLA shown on a 100% basis, gross passing income based on REIT ownership interest.
3Annual CPI reviews subject to a ratchet and an annual cap of 5%.
|Fund Ownership||50.1% CLW, 49.9% DOF|
|Year Built||1990 (Refurbished in 2016)|