A perfect blend of old and new

Jubilee Place combines old and new – in a particularly striking way. This development project in Brisbane, which was acquired in September 2019, is a unique blend of the historical past and a promising future.

July 1, 2022

Photo: A new attention-getter in Brisbane's Fortitude Valley section: Jubilee Place combines old and new, the futuristic and the sustainable.

Cheers! For 133 years, the sound of glasses clinking rang out in Brisbane's Jubilee Hotel. Recently, however, Fortitude Valley, Brisbane's hottest up-and-coming neighborhood, has had to do without the services of this time-honored pub. Its two-story brick building is part of the innovative Jubilee Place development project.

A special place, inside and out

A notable feature of Jubilee Place, which opened in March 2022, is a futuristic office tower. That structure's unusual architecture complements and enhances the revitalized historical brick building next door. Connecting the two is a 250 m2 plaza that is open to the public. The new building has 14 stories and includes roughly 18,000 m2 of office space. An external steel beam structure was created to meet the weight restrictions of the M7 Clem Jones traffic tunnel, which runs underneath the site.

As a result, the new cantilevered building requires only four internal supports, making it possible for the building's floors, measuring 1,500 m2, to be open and flexible. These are the best possible conditions for an inspiring working environment. Also contributing to that environment is the office tower's inviting ground floor. A particular eye-catcher is a painting by artist Ben Quilty, commissioned especially for Jubilee Place. Quilty, who has won numerous prizes, is one of Australia's most famous living artists.

Green Star rating demonstrating world leadership

The new construction project was built to meet the highest standards for sustainability. It was awarded a 6-star rating under Green Star, Australia's sustainability rating for buildings. The rating demonstrates world leadership and is the highest category. The factors contributing to this rating include more than 400 m2 of solar panels, the use of rainwater storage tanks, numerous charging stations for electric vehicles, and over 100 parking spaces for bicycles.

Another outstanding feature is the subtropical roof garden, extending over an area of 700 m2. This green oasis, which includes shaded seating areas, helped the property win a Gold rating under the WELL Building Standard, an increasingly important rating system that certifies characteristics of a property that affect human well-being.

Another project of this kind

After The Exchange, which was completed in 2018 in the Canadian city of Vancouver, Jubilee Place is the second high-quality new construction of its kind. Like its predecessor, Jubilee Place is setting new standards for architecture. With its unique symbiosis of a cutting-edge working environment and maximum sustainability, Jubilee Place adds another promising property to the Credit Suisse Asset Management portfolio.

Ben Quilty

Get in touch with Asset Management

Contact us to learn about exciting investment opportunities. We are here to help you achieve your investment goals.

This material constitutes marketing material of Credit Suisse Group AG and/or its affiliates (hereafter "CS") and provides information on a strategy. This material does not constitute or form part of an offer or invitation to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, or enter into any other financial transaction, nor does it constitute an inducement or incitement to participate in any product, offering or investment. This marketing material is not a contractually binding document or an information document required by any legislative provision. Nothing in this material constitutes investment research or investment advice and may not be relied upon. It is not tailored to your individual circumstances, or otherwise constitutes a personal recommendation, and is not sufficient to take an investment decision. The information and views expressed herein are those of CS at the time of writing and are subject to change at any time without notice. They are derived from sources believed to be reliable. CS provides no guarantee with regard to the content and completeness of the information and where legally possible does not accept any liability for losses that might arise from making use of the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient. The information provided in this material may change after the date of this material without notice and CS has no obligation to update the information. This material may contain information that is licensed and/or protected under intellectual property rights of the licensors and property right holders. Nothing in this material shall be construed to impose any liability on the licensors or property right holders. Unauthorised copying of the information of the licensors or property right holders is strictly prohibited. This material may not be forwarded or distributed to any other person and may not be reproduced. Any forwarding, distribution or reproduction is unauthorized and may result in a violation of the U.S. Securities Act of 1933, as amended (the “Securities Act”). In addition, there may be conflicts of interest with regards to the investment. In connection with the provision of services, Credit Suisse AG and/or its affiliates may pay third parties or receive from third parties, as part of their fee or otherwise, a one-time or recurring fee (e.g., issuing commissions, placement commissions or trailer fees). Prospective investors should independently and carefully assess (with their tax, legal and financial advisers) the specific risks described in available materials, and applicable legal, regulatory, credit, tax and accounting consequences prior to making any investment decision.