Midtown Centre, an elegant, glass-encased new 26-office tower, recently topped out in Brisbane, Australia’s central business district. And with the exception of those intimate with the area, most passersby might never realize that the single building was, not long ago, a pair of outdated, 1970s-era governmental high-rises that have been fused together in what’s been described as a first-of-it’s kind project for Australia.

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AustralianSuper has taken one of the largest steps to date into the growing gap left by Australia’s big four banks, with investment manager MaxCap arranging a $360 million deal for the local super fund to develop Brisbane’s new home for mining giant Rio Tinto.

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Rio Tinto

Rio Tinto has selected the Midtown Centre to be their new Global Innovation Hub. Rio Tinto will occupy circa. 20,000sqm of the building and will take occupation in mid 2021.

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