South Australian Government announces $300 million CBD office building to be delivered by Cbus Property

Cbus Super has congratulated the South Australian government and Cbus Property on their partnership for a new $300 million office building development, in the heart of the Adelaide CBD.

The South Australian Department of Planning, Transport and Infrastructure will act as an anchor tenant for the 83 Pirie Street building.

Cbus Super CEO David Atkin said the development would support up to 2,000 construction jobs during the Covid-19 recovery.

“This landmark project comes at such an important time for the construction industry in South Australia,” Mr Atkin said.

“Building and construction will be the frontline of Australia’s economic recovery.

“Cbus has supported over 95,000 construction jobs through Cbus Property while delivering strong returns for our members.

“Cbus Super is in a strong liquidity position and we are determined to play our part in ensuring a strong pipeline of construction work to help secure the economic recovery.”

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