Dexus Announces Australian Law Firm Ashurst As Newest Customer In Their Melbourne Property

6 February 2020 — Australian law firm Ashurs, has been secured as the newest customer to join a number of high calibre businesses at the South Tower currently under development at the 80 Collins Street precinct in Melbourne.

The South Tower is a new 38 level premium office tower and part of the 80 Collins precinct which also comprises an existing 47 level A-grade office tower, a new retail podium and a new boutique hotel. The precinct was acquired by Dexus and Dexus Wholesale Property Fund in May 2019 with the development of the South Tower being managed by the vendor with oversight and leasing undertaken by Dexus.

Ashurst has signed a lease for 10 years commencing in June 2021 across 4,427 square metres on levels 16,17,18 and part 19. Six new customers have been secured across 15,418 square metres, increasing leased space at the South Tower from 63% at acquisition to 97%, and leaving only one floor available to lease.

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