Sydney, 5 May 2014 – Online comparison company Better Bills has leased a 233sqm office suite in the Sydney CBD to accommodate its expanding operations.
The online enterprise relocated to the new space on the second level of 6 Bridge Street after outgrowing its existing premises at 17 Bridge Street. Better Bills committed to a three-year term on the property, with a rental figure of $650 per square metre gross.
CBRE’s Tim Courtnall, who negotiated the lease in conjunction with fellow agent Tim Molchanoff, said the property’s location was a key factor behind the deal.
“Better Bills was attracted to the Bridge Street property due to its close proximity to its existing premises, as well as its unique heritage characteristics and quality existing fit-out,” Mr Courtnall said.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.