Deloitte and MinterEllison relocate to Waterfront Brisbane development

03 March 2022 3 min. read
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The Brisbane branch of Deloitte has pre-committed to eight floors of office space in Waterfront Brisbane’s north tower, in anticipation of doubling its local headcount by 2025.

Professional services firm Deloitte is set to relocate its Brisbane office to the city’s new Waterfront Brisbane development, taking up 12,865 square metres of space in the North Tower across eight skyrise floors.

The planned new tenancy represents a 30 percent increase on Deloitte’s existing Riverside centre space, which the firm has occupied for more than twenty years.

Deloitte and MinterEllison relocate to Waterfront Brisbane development

“This move represents the next stage in our growth journey, allowing us to continue shaping the future of a liveable, diversified and inclusive Queensland,” said Deloitte Brisbane Managing Partner John Greig. “This new space will empower our people to make the most of the ‘Deloitte experience’, taking advantage of the latest technologies, design principles and sustainability standards in this innovative workplace of the future.”

Grieg, who has been with Deloitte in Brisbane for close to four decades, added that the firm was aiming to double the size of its Queensland team over the next few years. According to the most recent figures on its website, Deloitte has a workforce of more than 850 in Brisbane, including 80 partners. Recent additions to the local partnership include Access Economics partner Claire Ibrahim and data & analytics expert Anatoly Tulchinsky.

Approved at the end of 2020, the $2.1 billion Dexus’ Waterfront Brisbane mixed-use development at Eagle Street Pier and Waterfront Place will include two new towers with a combined 120,000 square meters of office space, with the first tower slated for completion in 2026. The developers say the building will be equipped with the latest in smart technology and is being designed with a net-zero emissions target and highest-level energy ratings.

“We look forward to working with Deloitte to deliver their next generation workplace as we advance our Waterfront Brisbane development,” said Kevin George, Dexus Executive General Manager for Office. “We are seeing many organisations engage around the quality of their future workplace, and this commitment demonstrates that high quality workplaces will continue to play a key role in business strategies in a post pandemic environment.”

In addition to Deloitte, leading law firm Minter Ellison has also pre-committed as an anchor tenant (terms for both have been agreed on a non-binding basis), its intended 6,476 square metre lease across four mid-rise floors adding up in combination with Deloitte to around 30 percent of the 49-story tower’s total available space. Like Deloitte, MinterEllison will also relocate after more than two decades at its existing Waterfront Place location.

“The past two years have ushered in new ways of working that have fundamentally changed how we operate as a business,” commented Virginia Briggs, who was appointed CEO of MinterEllison in July of last year. “We are delighted to be partnering with Dexus to create our office of the future; one that facilitates great client engagement, enhances the well-being of our people and enables our teams to truly innovate, connect and collaborate.”