Optus signs on for another 12 years in Mac Park

Optus, an existing Macquarie Park tenant of around 12 years, has renewed its lease with landlords Stockland and AA REIT for another 12 years, with the option to extend for up to 10 years. Stockland will undertake upgrades to the 84,194 square metre campus, in partnership with Optus.

Optus Chief Financial Officer, Murray King said:

“Our commitment to the Macquarie Park precinct will see Optus remain in the heart of Sydney’s hi-tech precinct. This new deal is the result of a strong and collaborative relationship with AIMS APAC and Stockland and is positive for Optus staff, the local economy and technology fraternity as we continue to remain Macquarie Park’s largest employer and leading innovator and collaborator on a range of technology think tanks and projects.”

In partnership with Optus, Stockland will undertake upgrade works to enhance the facilities including delivering new end-of-trip facilities, enhanced drop-off areas, a pedestrian link from the visitor car park, upgrades to existing bathrooms and utility infrastructure such as mechanical, electrical and building management systems.