Core CBD's tenant base is anchored by banks, top-tier law firms, asset managers, professional services.

• Tier: trophy.
• Tenant character: Martin Place to Chifley — Sydney's banking spine.
• Average rent: A$1,500/sqm/yr · ≈ $90.6 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant character: Martin Place to Chifley — Sydney's banking spine.
• Average rent: A$1,500/sqm/yr · ≈ $90.6 PSF/yr USD.

Who clusters here

Banks, top-tier law firms, asset managers, professional services.

What that means for newcomers

Newcomers to Core CBD should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Core CBD?

Banks, top-tier law firms, asset managers, professional services.

Related

• Core CBD — submarket overview
• Sydney — full city profile
• Sydney submarkets — all
• Core CBD — Rents
• Core CBD — Transit
• Core CBD — Amenity
• Core CBD — Buildings

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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