Investa and Manulife Investment Management are delighted to welcome the Australian Securities Exchange  (ASX) to its new premium head office address at 39 Martin Place, Sydney.  

Set in the heart of Sydney’s financial district, ASX has entered into an agreement to lease a number of floors in the building’s high-rise. In addition, ASX is taking retail frontage off Martin Place that will be used as an  event space, including for bell-ringing ceremonies, and to display market trading data on large digital  screens. ASX will also have exclusive sky signage on the façade of the building, subject to the relevant  approvals. The upcoming move which was negotiated by CBRE comes as ASX considers the expiry of its Bridge Street leases.  

To be owned by Investa Commercial Property Fund (ICPF) and Manulife’s General Account through a 50/50  Joint Venture, 39 Martin Place is one of only a very small number of premium new office developments  nearing completion in Sydney’s centre.  

Brendan Looby, Fund Manager, ICPF said: “With 39 Martin Place now approximately 85% pre-committed,  Manulife and ICPF are really pleased to welcome ASX to its roster of blue-chip clients, including Ashurst.  

“Strong interest from leading corporates in 39 Martin Place demonstrates the flight to quality trend continues  to be a key driver of market demand in Sydney.”  

Designed by acclaimed Sydney architect, Alec Tzannes, 39 Martin Place will boast world class sustainability  features, including being a fully electric building. The building is targeting a 6 Star Green Star rating, a 5.5  Star NABERS Energy rating, and a NABERS water rating of 3.5 Stars.  

Kenneth Tsang, Head of Asset Management, Real Estate Asia Pacific, Manulife Investment Management,  said: ”Built above the new Martin Place metro station and in immediate proximity to retail, hospitality and  wellness options, 39 Martin Place offers an ideal mix of accessibility and convenience.” Manulife Investment  Management is the investment advisor to Manulife for 39 Martin Place.  

The premium tower is expected to be completed in Q3 2024 and will incorporate 30,000 square metres of  office space across 28 levels, as well as 2,000 square metres of retail. A unique feature of the asset is its  direct access to the soon to be completed Sydney Metro Martin Place Station, which will also connect with  the existing Eastern Suburbs railway line.