Landmark lease ushers in new era for Gold Coast startups

Paris Faint - Business News Australia - 29 June 2018

The Gold Coast Innovation Hub (GCIH) has moved into Robina's newly refurbished The PC, marking the city's largest lease deal in the past 12 months.

The PC is owned by master developer Robina Group and fully tenanted following its latest deal with the startup incubator.

GCIH has secured the remaining 1,822sqm of The PC office space over three levels on a five-year lease at $360/sqm.

Prior to GCIH joining the tenancy, travel giants Helloworld also leased out 290sqm of first-floor office space in the building on a five-year contract with a five-year option.

Leasing agent Tania Moore negotiated both leases for The PC and says its latest deal with GCIH will have a significant impact on the local entrepreneurial and tech landscape.

"The Gold Coast has the highest number of small and medium-sized enterprises (SMEs) per head of capita Australia-wide and, as an incubator, Gold Coast Innovation Hub will allow these start-ups to base themselves in the sought-after precinct while they work to expand into their own premises over time and promote a culture of entrepreneurship," says Moore. Read more