Lease Approval and Variation - 343 George Street Sydney - Atlassian Pty Limited

24/08/2020 - Lease Approval and Variation - 343 George Street Sydney - Atlassian Pty Limited

Moved by Councillor Scully, seconded by Councillor Thalis -

It is resolved that:

(A)      Council approve a new lease with Atlassian Pty Ltd for Level 1 Suites 1.01, 1.03, 1.04 - 1.08 and Level 2, Suites 2.02 and 2.03, 343 George Street Sydney, to be progressively occupied as the suites become available;

(B)      Council approve a new lease with Atlassian Pty Ltd for Level 6 and Level 7, 343 George Street, Sydney, commencing on 1 April 2022;

(C)      Council approve the variation of the existing lease to Atlassian Pty Ltd for Levels 8, 9 and 10, 343 George Street, Sydney, extending the lease expiry date from 30 June 2023 to 30 June 2027 with a further two options, each being one year. This would extend the Atlassian Pty Ltd tenure to 30 June 2029 should they exercise both options; and

(D)      authority be delegated to the Chief Executive Officer to finalise the terms of the new leases and variation of lease, including for the lease option terms in accordance with terms and conditions set out in Confidential Attachment A to the subject report.

Carried unanimously.

S096173.046