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Charter Hall and Singapore's Keppel REIT have entered into a long-term commercial office space lease with Telstra. Sparke Helmore Lawyers advised Charter Hall on the agreement, which was the largest commercial leasing deal carried out in Brisbane in 2016.

The telco provider will lease 30,000 square metres of space across two properties in Brisbane's CBD-one at 275 George Street (jointly owned by Charter Hall and Keppel REIT) and the other at 69 Ann Street (owned by Charter Hall). Telstra has agreed to lease the space in the two buildings until at least 2029.

Senior Associate Borhan Borhani played a key role in the deal and said: "This is the kind of transaction that has so many subsequent positive effects. We were delighted to be involved and so pleased with the outcome."     

Property Partner Theo Casimatis added: "It is great that we were able to assist two major organisations come to a mutually beneficial long-term arrangement."  

About Sparke Helmore

We’ve come a long way since our doors first opened in the Hunter in 1882. We’ve had an office in Sydney since the ‘60s and we recently opened our ninth office in Darwin.

We cover five key areas of law – Corporate & Commercial, Commercial Insurance, Government, Statutory Lines of Insurance and Workplace – with more than 30 specialised areas of expertise. We’re a truly national, full service and proudly Australian firm that delivers results through deep collaboration with our clients. Wherever our clients need us, that’s where we’ll be.

Covering a big country needs a big team—we’re more than 950 people now and still growing. And in true Australian spirit, we’re friendly, approachable and easy to work with. And when you work with one of us, you get the expertise of all of us.

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