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.

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