Suncorp Place

Suncorp Place is a skyscraper located in Sydney, Australia on Grosvenor and Lang Street. It was initially built for Qantas by architects Joseland & Gilling, and was completed in 1982.

Description

The building is tall and 42 levels to roof, although the rooftop structure brings the total height to. It offers a column free layout with floor to ceiling views of Sydney Harbour & the Sydney CBD and had a dedicated computer centre constructed underground to support Qantas's global airline operations.

Construction

The building was first announced in 1966, with development approval given on 19 August 1968. Construction for Stage 1 of the project began in 1970, targeted for completion in 1973. However, the project was delayed many times due to industrial action by the Builders Labourers Federation, taking 12 years to finally complete in 1982. The foyer and forecourt was refurbished in 1994 and the building was partially renovated in 1997. Most recently, the lobby was completely refurbished with full concierge service in 2015 and End of Trip facilities named 'Zephyr' added in 2017.

Anchor Tenants

In 2005, Suncorp obtained 10 years of signage rights to the building and leased over 15 floors.
In 2018, IBM Australia became the anchor tenant occupying over seven floors with naming rights to the building.

Ownership

Initially owned by Qantas Airways Limited, the building was sold to Commonwealth Bank Officers Superannuation Corp in April 1986 for, making it the largest commercial property sale in Australia at the time. In 1999, Commonwealth Property Office Fund acquired a 50% interest in the property for, and the remaining 50% was purchased in 2005 for. The building remained under their ownership until its sale to Singapore-based Memocorp for in 2011.