Daibiru Corporation announced the acquisition of an office building development project in Sydney CBD. As part of the medium-term management plan Design 100 Project Phase- starting in fiscal year 2018, Daibiru Corporation (Head Office: Osaka, Japan) is promoting Improvement of overseas businesses (Expansion of Vietnam businesses, Businesses evolution to Australia, etc.) as one of their priority measures. Of a total planned investment of JPY 120 billion, JPY 40 billion is designated for overseas investment. In line with this course of action, the company have signed contracts with the John Holland GroupJHG, a leading general contractor and developer in Australia, to acquire an office building development project in the Sydney CBD (central business district). This will be the first project in Australia for the company. Located adjacent to Wynyard Station, one of the main stations in the Sydney CBD, the site has an excellent location facing George Street, which is the main arterial road running north and south of the city center. The Sydney CBD, especially in the western parts surrounding Wynyard Station, is undergoing significant infrastructure development (new installation of a light rail along George Street and redevelopments in Barangaroo and Wynyard Station). The advantages of this location are set to increase significantly over the coming years. The company will be offering a high-quality office building with considerable floor space (approximately 500m2 per floor) to meet market demand in this district. The company plan to acquire Green Star and NABERS Energy environmental performance certification, and additionally will install lockers/shower rooms for tenants, and a bicycle parking lot to support bicycle commuters.