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Nine Entertainment Co.
Nine had been in their existing owned location, in Willoughby, for over 60 years
They had sold their site for redevelopment and had a defined time period to relocate to new purpose-built leased premises
The relocation was complex given the 24/7 operations could not miss a beat with the unique architectural, services and engineering requirements
Due to the unique nature of Nine's requirements we determined a 'building within a building’ concept to provide them full autonomy within a commercial office tower
The Tenant Advisory team led a comprehensive accommodation search, handled all lease negotiations and secured accommodation that delivered to the complex brief
Colliers Project Management team were appointed for due diligence within the site analysis stages and managed the delivery of the fitout
We secured 15,000sqm within 1 Denison Place, North Sydney on behalf of Nine; they were the first pre-commitment tenant within the 60,000sqm building. Subsequently secured additional 6,000sqm when Nine merged with Fairfax
Achieving significant cost savings and design outcomes to meet Nine’s multifaceted needs
Over $7.5 million of additional savings and a very favourable lease was secured managing risk and operational requirements
Rent achieved now significantly below market
The move has enabled Nine to achieve operational efficiencies, reposition their business and provide new market leading technology