Source: Pexels
The Australian technology industry brings $ 122 billion to the economy. Microsoft, Apple and Google have recently established the Australian headquarters to stimulate economic growth, we thought to examine the impressive buildings housing these giants of technology.
Microsoft – 1 Denison Street, North Sydney
Currently under construction, the office tower located at 1 Denison Street in North Sydney promises to be the technological center of the future, the building also to house the headquarters of SAP / NZ and Nine Entertainment. .
The move to 1 Denison demonstrates Microsoft's commitment to the Australian market shortly after, while many were unsure of the company's financial results. After the launch of the Xbox One in 2017, Microsoft's share price fell 2.93%. However, since then, the Xbox One has recovered and in 2018 it held 37% of the Australian market. At the individual level, this has also been good news for stock traders and CFD traders. There were different benefits for those who traded CFDs for shares during the review of the company, but both benefited from improved prospects financial affairs of the company. Improved market share has benefited traders, society and the Australian economy.
Source: IG
At 1 Denison Street, Microsoft wants to create a modern and inspiring atmosphere, essential for employees and customers alike. The building will present an innovative architectural design, advanced productivity solutions and an atmosphere facilitating the sharing of creative ideas and experiences for improved collaboration.
The building is expected to be completed in 2020 and its final value will be $ 1.2 billion . With its sleek curves and elegant style, it will be one of the marks of the silhouette of Sydney, with its 156 meters high.
Apple – Martin Square
Source: Pixabay
The data shows that Apple is now dominating the Australian smartphone market, with nearly 60% of its market share. Due to the company's dominance in the Australian market, they announced that they were moving to Sydney Place in Sydney with a ten-year lease.
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Owned by the US real estate group Pembroke, which paid $ 95 million for the office block, Martin Place is the hub of the computer world and has been dubbed "Silicone Place" because of its technological investment. LinkedIn is also based at 1 Martin Place, with Facebook and Twitter offices nearby.
Combining contemporary thinking with eco-friendly design, this state-of-the-art building features rows of overlapping glass panels that create a complex layer reflective panels, while strips of glass run along the base, illuminating the building with constantly changing colors that react to natural light.
Google – Workplace6 and Workplace7
The new Google office located in Sydney at Workplace6 is more of a leisure park than an office. Sydney was the cradle of Google Maps and Google wants to maintain its strategic position.
The building enjoys a privileged location, overlooking the harbor bridge. Everything in it is designed to make creativity come true. There is a music room full of equipment, a "living wall" of plants and thematic break rooms, with options including libraries and underwater adventures.
In 2018, Google also purchased Workplace7 from the other side of the road, from the real estate developer Aqualand. According to the Sydney Morning Herald, because of the increase in land values ​​over the last three years, they may have spent $ 150 million.
Partly because of the investment of technology companies in Australian commercial properties like these, commercial property is currently considered "super attractive" for global fund managers , according to The Australian Financial Review. As a result, we are certainly expecting new capital flows from technology companies, and it seems that the only solution is up for commercial property prices and for corporate values. of technology that reside there.
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