Central Plaza to welcome Allianz Insurance
ISPT are pleased to announce global firm Allianz Insurance has secured its place in Brisbane’s ‘Golden Triangle’ through a 10-year lease in Central Plaza at 345 Queen Street.
The move follows a $30 million investment into the property during the last five years, including a multimillion-dollar ground floor and annex redevelopment and dedicated facilities and programs to shape a lively building community.
Nicole Ward, Head of Portfolio, Office, at ISPT, said: “We are pleased to welcome Allianz Insurance to Central Plaza, one of Brisbane’s marquee office buildings.
“Our ongoing focus on investing and developing the building’s facilities, and its market-leading sustainability credentials, demonstrates our confidence and ongoing commitment at an asset and portfolio level to the Brisbane property market.”
Amanda Foggo and James Verdanega from JLL who jointly negotiated the deal with ISPT commented Allianz’s Brisbane team were specifically looking for modern office spaces that were purpose-built to support their dynamic and flexible ways of working, with features like concierge, luxe end-of-trip facilities and ISPT’s onsite Flex by ISPT meeting and training facilities making Central Plaza very attractive to the market. The announcement demonstrates the market’s ongoing flight to quality, where work environments such as Central Plaza are being cleverly reimagined to both attract new staff and draw people back to the office.
“It also has strong sustainability credentials, offering high-quality accommodation to organisations with a de-carbonisation strategy or Net Zero carbon targets,” James Verdanega said, referencing ISPT’s commitment to ESG excellence and target to be Carbon Positive by 2025.
Gwendy Arnot, General Manager, Workplace Services at Allianz, said: “We’re really excited to move our Brisbane team into 345 Queen St.
“The strong sustainability credentials of the building, as well as the focus on tech-powered spaces to support in-person and virtual collaboration, align perfectly with Allianz’s values and workplace culture.”
Work will commence on the new workplace in October, with a relocation planned by Allianz for the end of the first quarter 2024.
For further information please contact:
Nicole Grove
General Manager, Communications
E: ngrove@ispt.com.au
M: 0427 916 166
