Perth’s Premium Waterfront Address at Nine the Esplanade Attracts New Tenant

APRIL 2025

Cbus Property and Brookfield Properties have secured energy company, INPEX, to occupy premium office space at their new waterfront development, Nine The Esplanade, Elizabeth Quay.

The company has committed to a 10-year lease of approximately 11,200 square metres across six floors, at Nine The Esplanade.

Office leasing pre-commitment levels in the PCA premium grade office building are now ~73 per cent, with other tenants EY, Multiplex, Hub Australia and Argonaut. Little Creatures Elizabeth Quay will occupy the hero ground floor retail tenancy.

Danny Poljak, Co-Head of Australian Real Estate and President of Brookfield Properties, said, “The relocation of INPEX is a strong indicator that businesses are attracted to the Elizabeth Quay precinct and the lifestyle amenities it provides.

“Nearing completion in the coming weeks, Nine The Esplanade is not simply a striking new addition to the Perth skyline – it will also offer its occupants unrivalled connectivity to local amenity and public transport, and flexible workspaces with first-class facilities and high sustainability credentials.”

Cbus Property’s Chief Executive Officer, Adrian Pozzo, said, “We are proud to deliver another industry-leading commercial office building for Perth and see the tenant base grow with long-term, like-minded businesses.”

Nine The Esplanade is targeting market-leading sustainability ratings, including a 6 star Green Star Design and As-Built Rating, 5.5 star NABERS Energy Rating, 4 star NABERS Water Rating and IWBI WELL Gold Core certification.

Designed as a highly efficient workplace, the 19-storey building boasts more than 4,600 square metres of on-site co-working space and conferencing facilities, premium end-of-trip facilities and a wellness room, all located within a well-connect precinct supported by multiple transport options.

The new Little Creatures venue at Nine The Esplanade will offer more than 500 square metres of internal dining, brewing, and taproom space, along with a 390 square-metre alfresco area overlooking the picturesque Elizabeth Quay.

Nine The Esplanade is scheduled to reach practical completion in April 2025.

Nine The Esplanade is the second commercial tower to be developed in the Elizabeth Quay precinct by Brookfield Properties, on behalf of Brookfield Asset Management, following the completion of One The Esplanade in 2023. It also marks Cbus Property’s second commercial office development in Perth, following the success of 140 William Street more than 10 years ago.