Continuing to invest in our ecosystems

21 December 2022

At the core of Riverlee’s asset management practice is an integral focus on uplifting the tenant and customer experience.

Over the course of the year, Riverlee’s asset management portfolio has received state-of-the-art upgrades, alongside the completion of several speculative suites. Underpinned by considered and human-centred design principles, these significant investments continue to facilitate the return to the office, meeting tenant demand while supporting our overall leasing strategy.

During a time when capital expenditure was expected to wind back, Riverlee spearheaded various upgrades and refurbishments which in turn gave Riverlee an opportunity to maintain positive relations with our tenants, while ensuring tenants have confidence in knowing their buildings are being invested in for the long-term.

Reflecting the city’s constant revitalisation and Riverlee’s proactive approach to supporting the return to the office, 10 Queen Street’s refurbishment has seen modern workspaces, refreshed amenities and end-of-trip facilities that further enrich the vibrant work and community culture of the building.

New end-of-trip facilities were also completed at 379 Collins Street this year, with the exclusive and boutique facility encompassing change rooms with 72 lockers, six showers and grooming stations, as well as a bike store with 42 racks and a repair station.

Designed in collaboration with PTID and delivered by Arete Australia, these facilities help our tenants to begin and end their working day with comfort and convenience. Featuring a premium mix of neutral and textural finishes, the upgraded amenities evoke a sense of clarity and calm and are not only aesthetically pleasing but also functional, long-lasting and purposeful.

Meanwhile, design and planning works for the ground plane moved ahead, with the building set for a major upgrade in 2023. An updated facade and the expansion of the lobby space will provide a new retail space, a premium food and beverage offering, along with meeting spaces and a communal lounge to increase connection among tenants and their guests.

At 179 Queen Street, end-of-trip facilities were also upgraded with the help of PTID. These facilities cater to the daily routines of the building community by giving them access to comforts that support their health and well-being, be it after exercise, or to simply freshen up when leaving the office.

A palette of neutral finishes with an earthy pop of green and warm tones is found throughout the suite of luxury facilities, which include a bike room with 39 secure bike racks, repair stations and high-end change rooms.

Typical lobby upgrades are also currently being rolled out throughout all 11 floors of the building, providing a refresh to these essential meeting places.

Part of Riverlee’s investment into our commercial assets addresses the need to create more dynamic meeting places for tenants, particularly in the building’s lobby spaces.

At 369 Royal Parade, the lobby has been activated with communal areas and an inviting yet sophisticated ambience designed by One Design Office. Presenting three different zones for seating, tenants will have options to work, lounge or rest amid olive tones and textured wall finishes, considered greenery, and luxe cognac leather furniture.

At Riverlee, we understand that a cohesive building identity is an essential consideration when it comes to fostering community connection and an overall seamless tenant experience. It is through a distinct identity and connection t0 place that an elevated feeling of belonging and sense of purpose is extended to tenants and visitors alike.

Guided by this philosophy, we were inspired to also design and upgrade the statutory signage for all key buildings across our portfolio, including 379 Collins Street, 10 Queens Street, 179 Queen Street, 369 Royal Parade and 387 City Road.

In 2023, our focus will be to improve our offering, working with our project partners to further elevate our sustainable outcomes within our buildings, playing our role in helping the City of Melbourne reach its goal of net zero emissions by 2050, while creating healthier and greener workplaces for our building communities.

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