Telstra Signs Big Brisbane Lease with Charter Hall and Keppel REIT

Charter Hall and Keppel REIT have finalized a long-term agreement with Telstra, in the largest office leasing deal for Brisbane in the past year. Under the agreement, the national telco will take up 30,000 square meters across two properties, 275 George Street and 69 Ann Street, until 2029. The George Street tower, which Charter Hall developed in 2009, is jointly owned by the unlisted Charter Hall Prime Office Fund and Keppel REIT.

The Ann Street building is owned outright by the Charter Hall fund.