26 January 2014
Western Australia’s largest health insurer, HBF, is the latest organisation to call Perth City Link its future home.
HBF will move from its current Murray Street premises – where it has resided for the past 30 years – to the KS4 tower within the Kings Square precinct once it is completed.
KS4 will house approximately 13,000sqm of commercial office space over 10 levels and will accommodate approximately 600 HBF employees.
HBF’s building is the fourth major building to get underway in the Kings Square precinct. Construction of KS4 commenced in September 2013, alongside three other towers with pre-committed tenants Shell Australia and John Holland.
The KS1, KS2 and KS3 towers are now owned by DEXUS Property Group and DEXUS Wholesale Property Fund. The four buildings between them will house more than 4,000 workers and are due for completion in mid-2015.
Kings Square is being developed by Leighton Properties on behalf of Seven Entertainment, a subsidiary of Seven Group Holdings, on the site of the former Perth Entertainment Centre.
Kings Square is comprised of seven towers incorporating offices and apartments, as well as bars, restaurants, shops and community spaces. It will also include the new two-way road and pedestrian connection linking King and Lake streets.
“Kings Square is a master-planned precinct that will be the prime commercial, residential and leisure hub in the very centre of Perth,” Leighton Properties National Head of Commercial, Andrew Borger said.
“To have four towers under construction at once is truly ground breaking for the Perth CBD and this achievement is testament to the outstanding calibre of the project.”