Pepper Property assists in creating Sydney’s first start up hub.

 

Thursday 13 July 2017, the NSW Premier, Gladys Berejiklian, announced that a Pepper Property partner, Stone & Chalk, have taken new office space at Wynyard Green, as part of the NSW State Government’s Sydney Start up Hub.

Stone & Chalk is an independent, not-for-profit Fintech hub. They foster and accelerate the development of world-leading Fintech start-ups.

Stone & Chalk seeks to bring together incubators, accelerators and other partnering services in a high-density startup cluster that helps foster collaboration and create the jobs of the future.

Stone & Chalk 2.0 will be the largest fintech hub in Asia, and is already the centre of gravity for fintech in Australia. After operating for just eighteen months, Stone & Chalk now houses over 300 entrepreneurs working in over 60 fintech startups.

Representatives from Pepper Property worked closely with the board, management team, corporate partners and key stakeholders on a market engagement and project delivery strategy, which will culminate in their relocation to Wynyard Green. A key aspect of this strategy was the creation of flexibility within the lease structure to accommodate the changing needs of the fintech ecosystem.

David Burton of Pepper Property says “following the exponential growth of Stone & Chalk over the past 18 months we had strong interest from the Sydney landlord community. The structure Pepper Property devised provides the ultimate flexibility for the hub to continue their growth aspirations.”

Pepper Property has been engaged with Stone & Chalk since inception in 2015 and assisted in delivering their initial premises at 50 Bridge Street, Sydney.

To read more about this project, click here.

For more information, please contact:

David Burton
Divisional Director
Pepper Property
t   +61 2 8913 3084
m +61 411 345 559
e  dburton@pepper.com.au