CITIBANK LEASES NEW FLAGSHIP BRANCH

CITIBANK LEASES NEW FLAGSHIP BRANCH

CITIBANK has leased 141 Queen Street as its new Queensland flagship branch.

The 359sqm lease is over two levels with 115sqm on ground, and 244sqm on level 1 and was negotiated by Jones Lang LaSalle’s property agent Cameron Taudevin (pictured right with Wade Cruickshanks, head of Citi Realty Services Asia Pacific),

The 10-year deal is worth about $1 million per annum, or $232 per square metre per month.

The QIC-owned 141 Queen Street was identified as the most viable after an 18 month long search for a tier one property in the Brisbane CBD.

The branch, located on the corner of Queen and Albert Streets, opened in May after a refit of the former Guess tenancy.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Record revenue for Rent.com.au as payments platform reaches $250m milestone

Record revenue for Rent.com.au as payments platform reaches $250m milestone

Perth-based property rental platform Rent.com.au (ASX: RNT) has see...

Four face money-laundering charges from alleged Gold Coast crypto scam

Four face money-laundering charges from alleged Gold Coast crypto scam

Four people have faced court on money-laundering charges following ...

‘Invisible’ consultants help companies write sustainability reports. Here’s why that’s a problem

‘Invisible’ consultants help companies write sustainability reports. Here’s why that’s a problem

Around the world, more and more companies are publishing sustainabi...

Louis Dreyfus Company looks set to stitch up Namoi Cotton takeover for $124m

Louis Dreyfus Company looks set to stitch up Namoi Cotton takeover for $124m

Singapore’s takeover battle for Australian cotton producer Na...