-- The GPT Group (GPT) has secured three additional major tenant commitments at its premium $555 million development, 51 Flinders Ln, signalling strong demand for premium office space in Melbourne’s highly sought after east end precinct.
AirTrunk, FM and Koda Capital will move into more than 4,500sqm across the South Tower of the asset in late 2026, joining WPP as part of the emerging tenant community at the 51 Flinders Ln precinct.
Leading hyperscale data centre specialist, AirTrunk, will open its first Melbourne office at 51 Flinders Ln, occupying the top three floors comprising 1,945sqm, including an exclusive 80sqm terrace. The elevated space delivers views across Melbourne’s sporting precinct, the bay and the ranges with a premium fit-out and equal access to high-quality workspace for all staff.
To support its transition to the new workspace at 51 Flinders Ln, AirTrunk will occupy short-term accommodation in 8 Exhibition St, GPT's neighbouring workplace.
Carly Wishart, Managing Director - Corporate & International at AirTrunk, who is based in Melbourne said: “We are looking forward to establishing our new Melbourne headquarters at 51 Flinders Ln. With demand for cloud and AI accelerating, our business is scaling quickly, and we’re looking to bring in some of Melbourne’s top talent to help drive this growth. Spanning the top floors of 51 Flinders Ln, our new office will be a drawcard destination, bringing our team together to connect, create, and innovate, and generating the momentum we need to continue to enable the region’s digital future.”
Adding to the momentum, commercial property insurer, FM will relocate from Bourke Street to a new 2,025sqm office space spanning three floors at 51 Flinders Ln. The elevated, prime position was a key driver in the company’s move, providing staff with city views and an enhanced workplace experience.
Completing the latest tenancies is leading wealth management firm Koda Capital, which will occupy over 600 sqm of premium fitted space as part of GPT’s Fitted Suites offering. Drawn by the building’s central location, exceptional construction quality, and distinctive character, Koda Capital will take an entire floor—creating an environment that reflects the firm’s commitment to clients and provides an enhanced experience for employees.
Matthew Brown, Head of Office at The GPT Group, said the strong leasing activity reflects the calibre of this office development and ongoing demand for premium workspaces.
“These three new tenant commitments highlight the positive leasing momentum we are experiencing at 51 Flinders Ln, each inspired by this landmark, next-generation development that reimagines the workplace.”
“The precinct continues to attract leading global companies and growing local firms that value quality workplace design to foster collaboration, and access to the best of Melbourne’s culture and amenity in equal measure.”
51 Flinders Ln will comprise two distinct towers, including a 14-level North Tower and a 39-level South Tower, to offer approximately 27,500sqm of A-Grade commercial office space alongside 1,000sqm of retail amenities, all set within the distinctive character of Flinders Lane.
Construction of the development is underway and anticipated to be completed by mid-2026 with the building recently topping out.
Upon completion, 8 Exhibition St will seamlessly integrate with 51 Flinders Ln, forming an expansive commercial precinct with enhanced accessibility, movement and visibility across both sites.
It will also deliver 6,000sqm of fitted spaces across both towers, offering turnkey solutions for boutique and smaller enterprises, who are seeking flexibility and immediate occupancy, without compromising on quality.
51 Flinders Ln represents the next generation of sustainable design – fully electrified and embodied carbon neutral from construction through to operation. The building is targeting a 6 Star Green Star Design rating, 5 Star NABERS Energy rating, Platinum WELL rating and Wiredscore Platinum certification, setting a new benchmark for digitally connected, best-in-class workplaces.
Future tenants of either tower will have the best of Melbourne at their fingertips, including panoramic views from every floor while surrounded by the city’s top culinary institutions and iconic sporting precincts.
For more information visit: www.51flindersln.com.au
Release ID: 89177069
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