45 CLARENCE STREET – SYDNEY - Artifex Property
Artifex are ‘end to end’ delivery real estate specialists, combining a creative management approach to provide innovative solutions for customers – this could be A grade ‘shiny’ institutional assets or turning unloved assets into aspirational spaces.
Artifex, real estate, A grade
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45 Clarence Street

45 CLARENCE STREET SYDNEY PURCHASED OFF MARKET
ACQUISITION PRICE $530,000,000
ACQUISITION DATE JUNE 2020
ARTIFEX ROLE INITIATED ACQUISITION & TRANSACTION ADVISOR

A Landmark office tower in the North Western corridor of Sydney’s financial district opposite Barangaroo (one of the world’s largest renewal projects). Completed in 1991 the 28 level A-Grade building has a Net Lettable Area of circa 32,000 square metres with 1,250 square metre floor plates. 45 Clarence Street is 99 per cent occupied, with a strong, diversified tenancy profile including ASX-listed companies and leading financial institutions. The property was acquired as a quality A grade asset and a future strategic development site in the heart of major infrastructure projects including Barangaroo, Wynyard Station. The site area is circa 4,000m2 with strong potential to be one of next world ‘super prime’ sites in the future. In the interim the asset will attract diversified occupiers who want to be close to a major station and associated with Barangaroo.