Project details: 

APP negotiates lease and manages delivery of new QANTAS Headquarters

As Project Managers and Property Advisors, APP is helping Qantas deliver the base building upgrade, major refurbishment and fit-out of the Qantas Headquarters office accommodation at Mascot.

The new campus-style facilities will deliver a modern, flexible and collaborative office environment for employees. Staff are currently spread across seven leased buildings within Mascot and this project will deliver a connected campus consolidating the operation and provide approximately 47,000m2 of refurbished space.

APP took a lead role in the lease negotiation process to facilitate the refurbishment. At the time, the ownership of the property had recently changed with Cromwell Property acquiring the property on the basis of a new 10-year lease to Qantas. In order to support funding of the project, APP negotiated the commercial aspects of the new 22 year lease on terms favourable to Qantas - a challenging and complex negotiation. Both landlord and tenant were satisfied with the outcome and this enabled the project to proceed.

Following board approval early in 2011 and finalisation of the Development Deed, Qantas has appointed a building contractor to finalise the design and deliver the staged refurbishment, with APP on board as Project Manager. Works commenced on site in October 2011 and are scheduled to be complete late 2013.