The Times Australia
The Times Real Estate

.

Co-working provider, The Commons, signs up for new space at 388 George Street


In a further sign of continued demand and strength for the Sydney office market,  co-working group The Commons has secured four floors of space in the newly redeveloped 388 George Street  office tower, co-owned by Brookfield and Oxford Investa Property Properties (OIPP). 

Joining fellow commercial tenants Aware Super, QBE, Core Logic, ECP Asset Management and Johnson Partners,  The Commons will occupy approximately 4,000 square metres of space from the mezzanine to Level 3 after signing a long-term lease and will move in progressively from April 2022. 

Established in Melbourne by former school mates, Cliff Ho and Tom Ye, The Commons is one of Australia’s leading  co-working operators, with 7 established locations, defining its business model as “Australia’s most creative eco system consisting of entrepreneurs, businesses and curious minds working, connecting and growing under one  roof”. 

Danny Poljak, Executive Vice President and Co-Head Brookfield Properties, said: “We recognised early in the  redevelopment of 388 George Street that given the location and atrium design, the building would be well suited  for a flexible space offering. The Commons’ plans for its space - which will include flexible meeting spaces for our  other office tenants - will be a great attraction for the building. We look forward to The Commons opening their  doors early next year.” 

Cliff Ho, one of the founders of The Commons, said: "We have been searching for the perfect site in Sydney’s CBD  for several years now and we are happy to announce that The Commons will be opening our largest space on 388  George Street early next year. We will be working with great local designers to bring new life into this iconic  building and location.”

“With flexible workspace booming, we can’t wait to expand our community and bring the best of The Commons to  Sydney’s CBD.”

Nicole Quagliata, Fund Manager, OIPP, said: “Oxford Investa Property Partners is excited to welcome our latest  tenant, The Commons, to 388 George Street in 2022. This major lease deal demonstrates the strong demand in the  market for well-located, high-quality commercial office spaces in the Sydney CBD, which provide tenants with the amenity and community that they are seeking from their work environment.”

The commercial tenants are well serviced by retail amenity, with Locali by Romeo’s operating its signature  supermarket and food hall concept beneath the tower. Other retailers in the precinct include luxury goods retailer  Bally and streetwear brand Sneakerboy. 

About 388 George Street

388 George Street sits on one of Sydney’s busiest intersections on what is fast becoming the George Street  Boulevard. Outstanding transport options, easy access to some of the world’s best-known luxury brands and  outstanding everyday amenity. It is jointly owned by Brookfield and Oxford Investa Property Partners (OIPP).

388 George Street was completely refurbished and reimagined in 2020, and the office space in the main tower  now includes activated atriums to enhance connectivity, new ceilings, carpets, bathrooms, lift floor lobbies, new  chillers, and on-floor amenities to enable highly productive 1:10 workspace densities. It is already home to Aware  Super and QBE.

The ground plane and new pavilion building was designed by architects FJMT and provides five levels of  commercial and retail space, a rooftop bar and flagship retail stores. It was designed to complement the rich  history of the site, incorporating a custom-designed curved sandstone and glass façade inspired by the topography  of the surrounding CBD landscape. 

Property Times

Rubber vs Concrete Wheel Stops: Which is Better for Your Car Park?

When it comes to setting up a car park in Perth, wheel stops are a small feature that make a big difference. From improving driver accuracy to preventing costly damage, the right choice between rubber and concrete wheel stops could save you time, mon...

What Is the Australian Government First Home Buyers Scheme About?

For many Australians, buying a first home can feel like a daunting task—especially with rising property prices, tight lending rules, and the challenge of saving for a deposit. To ease this burden, the Australian Government has introduced a First ...

Flipping vs. Holding: Which Investment Strategy Is Right for You?

Are you wondering whether flipping a property or holding onto it is the better investment strategy? The answer isn’t one-size-fits-all. Both strategies have distinct advantages and risks, and choosing the right one depends on your financial goals, ...

A Guide to Smarter Real Estate Accounting: What You Might Be Overlooking

Real estate accounting can be a complex terrain, even for experienced investors and property managers. From tracking rental income to managing property expenses, the financial intricacies of real estate demand more than just basic bookkeeping. A si...

Times Magazine

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an online presence that reflects your brand, engages your audience, and drives results. For local businesses in the Blue Mountains, a well-designed website a...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beauty On Saturday, September 6th, history will be made as the International Polo Tour (IPT), a sports leader headquartered here in South Florida...

5 Ways Microsoft Fabric Simplifies Your Data Analytics Workflow

In today's data-driven world, businesses are constantly seeking ways to streamline their data analytics processes. The sheer volume and complexity of data can be overwhelming, often leading to bottlenecks and inefficiencies. Enter the innovative da...

7 Questions to Ask Before You Sign IT Support Companies in Sydney

Choosing an IT partner can feel like buying an insurance policy you hope you never need. The right choice keeps your team productive, your data safe, and your budget predictable. The wrong choice shows up as slow tickets, surprise bills, and risky sh...

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in the Sutherland Shire who may not have the financial means to pay for private legal assistance, legal aid ensures that everyone has access to representa...

Watercolor vs. Oil vs. Digital: Which Medium Fits Your Pet's Personality?

When it comes to immortalizing your pet’s unique personality in art, choosing the right medium is essential. Each artistic medium, whether watercolor, oil, or digital, has distinct qualities that can bring out the spirit of your furry friend in dif...

The Times Features

What Makes a Small Group Tour of Italy So Memorable?

Traveling to Italy is on almost every bucket list. From the rolling hills of Tuscany to the sparkling canals of Venice, the country is filled with sights, flavors, and experiences ...

Latest data suggests Australia is overcoming its sugar addiction

Australia is now meeting the World Health Organization’s (WHO) guidelines[1] on sugar, which recommend keeping sugar below 10% of daily energy intake. New data[2] published ...

Do you really need a dental check-up and clean every 6 months?

Just over half of Australian adults[1] saw a dental practitioner in the past 12 months, most commonly for a check-up[2]. But have you been told you should get a check-up and c...

What is a Compounding Pharmacy and Why Do You Need One in Melbourne?

Ever picked up a prescription and thought, this pill is too big, too bitter, or full of things I cannot have? That is where a compounding chemist becomes important. A compounding p...

Deep Cleaning vs Regular Cleaning: Which One Do Perth Homes Really Need?

Whether you live in a coastal home in Cottesloe or a modern apartment in East Perth, keeping your living space clean isn’t just about aesthetics, it’s essential for your health and...

Rubber vs Concrete Wheel Stops: Which is Better for Your Car Park?

When it comes to setting up a car park in Perth, wheel stops are a small feature that make a big difference. From improving driver accuracy to preventing costly damage, the right c...