16 July 2018

Suncorp selects new Brisbane workplace

Suncorp today announced that 80 Ann Street has been selected as the site for the Company's new single location in Brisbane from 2022.

The move will consolidate Suncorp's Brisbane workforce into a single, modern and collaborative workplace. The decision follows similar office consolidation projects in Sydney, Auckland and Melbourne. Collectively, these moves are delivering meaningful operational efficiencies for Suncorp, with the Sydney project delivering close to a 30% saving in cost and space efficiency.

Suncorp CEO and Managing Director Michael Cameron said the built-in flexibility will keep pace with Suncorp's future requirements.

"The new workplace will reflect Suncorp's Queensland heritage, with a design that is focused on our people and their experience, as well as engaging our customers and the community. It will provide the flexibility we require for our future workforce and is an opportunity to bring our teams in Brisbane together into one location, creating efficiencies as we have done in Sydney, Auckland and Melbourne."

"I would also like to acknowledge the efforts of the other developers who have participated in this process," Mr Cameron said.

Mirvac's CEO & Managing Director, Susan Lloyd-Hurwitz, commented: "80 Ann Street is purpose-built for Suncorp and aligns to Brisbane City Council's 'Buildings that Breathe' principles for sub-tropical architecture, while re-invigorating an historic part of the city. We look forward to working with the Suncorp design team to create a workplace that supports the needs of their company and the community."

Suncorp will occupy the new development by September 2022. This is subject to Mirvac finalising the land acquisition.

Ends

For more information contact: Jo Starr 0437 771 872

Suncorp Group Ltd - ABN 66 145 290 124 - Level 28, 266 George Street, Brisbane Qld 4000www.suncorpgroup.com.au

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Suncorp Group Ltd. published this content on 16 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 July 2018 03:04:03 UTC