BOQ STAMPS NEWSTEAD WITH NEW HQ

Written on the 1 December 2014

BOQ STAMPS NEWSTEAD WITH NEW HQ BANK of Queensland (ASX: BOQ) has begun a new era with its head office relocation to 100 Skyring at Newstead’s Gasworks precinct.

BOQ has taken five floors at the $175 million, A-Grade, 12-storey building, which will be home to around 960 BOQ employees. 

The bank has also secured the naming rights for 100 Skyring.

BOQ acting CEO Jon Sutton says the relocation supports the company’s ongoing operational and cultural transformation and provides a highly flexible working environment.

“100 Skyring delivers large, open floor plates that we’ve been able to use to create a flexible layout that embraces technology, promotes increased employee productivity and delivers various meeting areas to encourage workplace collaboration,” he says.

100 Skyring also features ground floor retail as well as generous lifestyle facilities, with 192 bicycle racks, showers, change rooms and lockers.

BOQ will be joined by fellow tenants including Redchip Lawyers and Konica Minolta, leaving over 35% or 8,000sqm of contiguous office space available for lease on the top four levels of the building.

“Each floors’ shared facilities including meeting rooms, kitchen and breakout areas, create a strong sense of community, with the office’s main focal point – the five-floor atrium stair space –  connecting employees between floors and encouraging greater communication.

“As BOQ continues to evolve, we have a strong focus on meeting our customers’ changing needs.

“This means our workforce must be more flexible and mobile, and the size and adaptability of the 2,200sqm floor plates at 100 Skyring were crucial to creating the innovative work environment we wanted.”

Newstead is home to companies including Energex, Virgin and Macquarie Bank, and will soon be home to the national headquarters of Tatts Group.
Sutton says the vibe at 100 Skyring is fitting to BOQ’s new direction.

“In many ways, Newstead’s’ re-invention from its industrial past to embrace an exciting future mirrors our ongoing transformation journey. 

“Perhaps this is why it has already attracted forward-thinking companies.” 

100 Skyring is developed, owned and managed by Charter Hall.

Charter Hall has a $2.4 billion Queensland portfolio comprising 47 assets in Brisbane across office, retail and industrial sectors.  This includes nine Brisbane CBD office buildings, home to 75 tenants across 216,000sqm.



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