144 Edward Street, Brisbane

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144 Edward Street, Brisbane Pty Ltd is a high-rise office tower located on the corner of Edward and Charlotte streets in the central business district (CBD) of Brisbane, Queensland, Australia. The tower was designed in 1978 and constructed in 1980 as the National Mutual Centre, successively renamed the AXA Australia Centre and 144 Edward Street, Brisbane, is now owned by Precision Group, a private property investment and management company in Sydney.[1] It stands now at 82 meters, covers 16,097 square metres, 26 floors (above ground) and 75 car parks spread on two basement levels.[2]

144 Edward Street, Brisbane
General information
Type Office Tower
Address 144 Edward Street, Brisbane, 4000 Queensland
Coordinates 27°28′11.5284″S 153°1′40.7784″E / 27.469869000°S 153.027994000°E / -27.469869000; 153.027994000
Current tenants AMEC Australia, Senex Energy and AGL Energy (anchor tenants)
Completed 1982[2]
Owner Precision Group[3]
Management Precision Group[3]
Website
www.144edward.com.au

History[edit]

In the late 1970s, the National Mutual Life Association of Australasia appointed Conrad Gargett & Partners Architects, Connell Hagenbach structural engineers and Norman Disney & Young building services engineers, to design the tower in the late 20th century International Style and named it the National Mutual Centre upon completion in 1980.[1][4] Then, National Mutual moved to 144 Edward Street during the height of the battle between National Mutual and AMP for dominance of the Australian life insurance market.[5] In 1999, AXA took control of the National Mutual Centre [1][2] and renamed it AXA Asia Pacific. As a result, the tower became the AXA Australia Centre in Brisbane.[6][not in citation given][7][not in citation given] Three years later, Deutsche Diversified Trust (DDT) acquired the building as part of the Deutsche Bank's acquisition of AXA Asia Pacific's property funds management enterprise in 2001.[8] Finally, Precision Group purchased the tower from DDT for $44.65 million in 2002.[1][9][3]

References[edit]

  1. ^ a b c MacDermott, Kathy (Oct 21, 2004). "Private investors chase Brisbane offices". The Australian Financial Review. 
  2. ^ a b "AXA Australia Center". 
  3. ^ a b c MacDermott, Kathy (May 26, 2005). "Precision buys Brisbane office". The Australian Financial Review. 
  4. ^ Herde, Chris (Sep 16, 2011). "Miners Help Fill Up Tower". The Courier-Mail. p. 88. 
  5. ^ "Your Brisbane: Past and Present: National Mutual building (former), Queen St". www.yourbrisbanepastandpresent.com. Retrieved 2015-10-13. 
  6. ^ Axa Asia Pacific Holdings Limited. Intelligent Investor 2011.
  7. ^ The company formerly known as National Mutual. Marcus Wong. 21 June 2011.
  8. ^ "Deutsche Bid for Axa Approved". The Courier-Mail. Jun 22, 2001. p. 40. 
  9. ^ Wilson, Bob (Dec 31, 2004). "The Two Kevins - Towering Figures with Storeys to Sell". The Courier - Mail. p. 35. 

External links[edit]