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Pembroke Completes T&G Building Refurbishment and Welcomes Treasury Wine Estates

16 July 2018

Pembroke today announced the completion of its extensive upgrade of the T&G Building at 161 Collins Street, modernising the property for the needs of the modern workforce while maintaining the charm of one of Melbourne’s best-loved heritage buildings.

Originally constructed in 1928, the 43,000 sq m building at the prestigious “Paris End” of Collins Street has been carefully restored and sensitively adapted to provide a more flexible, collaborative office experience, delivering ten levels of A-Grade office space.

Now 100 per cent leased, the T&G Building has welcomed a number of new brands to the fold including Google and co-working group SPACES, who join longer term tenants VMIA, Accenture and IOOF in the refreshed office floors. The most recent addition is Treasury Wine Estates, a global wine company that is taking space for its corporate head office across levels eight and nine later this year.

Matthew Knight, Vice President and Head of Australia at Pembroke, comments: “We’re incredibly proud of what we have achieved for the T&G Building, which wouldn’t have been possible without the vision and commitment of a large team of partners, including architecture by Bates Smart and construction by Built.”     

“Our goal was to deliver more than just a workplace. As an international real estate business we’ve drawn upon our team’s global expertise and the in-depth local knowledge of our partners to create a sophisticated offering. The T&G Building blends diverse retail and F&B with premium workspace to create an enhanced experience for tenants and their guests. Now more than just a workspace, it’s a thoughtfully curated business community.”

Joining the office tenants is an exceptional mix of luxury retail including Versace, Gucci and Bottega Veneta’s flagship stores, and onsite food and beverage offerings to be announced later in the year.

Treasury Wine Estates ANZ Managing Director, Angus McPherson commented: “We were looking for a distinctive and flexible space that offers great amenities for our employees, and in a convenient location. Pembroke’s T&G Building delivers this within a world-class heritage building that is well suited to meet the practical needs of our business.”

The new-look T&G Building features dual entrances with access to sophisticated Collins Street, and the newly pedestrianised Ramsden Place embracing Melbourne’s quintessential lane-way culture.

Tim Leslie, Studio Director at Bates Smart, commented: “Our design response to the T&G Building was both respectful of the site’s century-old heritage but reimagined with contemporary interventions.  We applied a people-centred approach to make the building more relevant for the current tenants and what they expect from a contemporary workplace; high-end support facilities, while maintaining the expansive floorplates.”

“Internally, a range of curated experiences have been created along the public north south pedestrian spine, allowing for a range of settings, including the reworked central atrium, that encourage meaningful work interactions and restful reflection.

“The signature space is the central atrium which creates a semi-private oasis; a true atmospheric destination for people to gather, relax and engage, bathed in soft natural light.”

With expansive floorplates of up to 4,000 square metres, tenants of the T&G Building benefit from a new end-of-trip amenity including 266 secure bicycle spaces and substantial shower and locker facilities. The T&G Building has undergone a significant building services review, and is now targeting a 4.0 star NABERS Energy rating.

ENDS

About Pembroke

We’re an international real estate advisor that acquires, develops and manages properties and places – specializing in mixed-use and office environments in the world’s leading cities.

Facilitating patient capital for FMR LLC (Fidelity Investments) and its affiliates, and Eight Roads, the proprietary investment arm of FIL (Fidelity International Limited), we take a long-term approach to real estate, investing in global cities with proven long-term growth potential.

We have offices in Boston, London, Stockholm, Sydney, Tokyo, and Washington DC, and manage approximately 762,000 sq m/8.2m sq ft in North America, Europe, and Asia Pacific.

By combining a global point of view with local expertise, we’re able to create and manage world-class properties that deliver the best outcomes for our tenants, investors and the communities in which we work.

For more information, visit www.pembroke.com