Business Services Industry
Tenants happy to pay high price for the right kind of address.
Australasian Business Intelligence, September, 2005
Byline: Kathryn House and Robert Harley
Sep 07, 2005 (The Australian Financial Review - ABIX via COMTEX) -- Many big companies, or at least their employees, would rather have a showy address than higher margins. Such was the case with executives at Challenger Financial Services Group in Sydney, who refused to move from the illustrious ABN Amro Tower to the more southerly Civic Tower. Corrs Chambers
Westgarth also chose to remain and put up with high rents in Governor Phillip Tower, because the high-status address apparently
gives the law firm kudos. Some brave companies such as Ernst & Young have moved to new locations.
Publication Date: 8 September 2005 ...
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