Riverside Centre

What Riverside Centre does

Riverside Centre is a Premium Grade commercial office building located at 123 Eagle Street in Brisbane's CBD "Golden Triangle" precinct, owned and operated by The GPT Group (ASX: gpt), one of Australia's largest listed REITs. The asset is an iconic Seidler-architectured building featuring a glass-walled lobby, large column-free floor plates, and Brisbane River views, with a current on-site management team of four (General Manager, Senior Property Manager, Customer Solutions Manager, Senior Operations Manager).

The core product offering comprises two workplace solutions: GPT Fitted Suites, a pre-configured ready-to-occupy product for speed-to-occupancy, and bespoke Custom Workplace Solutions delivered as part-floor, whole-floor, or multi-floor configurations. These are complemented by premium building amenities (end-of-trip facilities, concierge, 24/7 security, car parking, secure lockers, collaboration zones, building-wide WiFi) and a curated precinct dining ecosystem of 14+ food and beverage operators across multiple levels. Tenant-facing digital infrastructure includes the Our Workplace customer portal and the My Buildings facility management portal.

Revenue is generated primarily through recurring commercial office leasing (subscription rental income), supplemented by retail/F&B tenancy rent, car parking, and service charges passed through to tenants. The go-to-market is direct enterprise field sales managed by the on-site team via website enquiries and dedicated contact channels. Distribution is single-country/domestic (Brisbane CBD). Pricing is not publicly disclosed. The asset is differentiated by ESG credentials, specifically a 5.0 Star NABERS Energy rating, 4.0 Star Water and Waste ratings, and Carbon Neutral certification under NABERS and Climate Active.

Name

Riverside Centre

Legal name

GPT (The GPT Group)

Website

https://riversidecentre.com.au

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

Riverside Centre is a Premium Grade commercial office building in Brisbane's CBD Golden Triangle, owned and managed by ASX-listed GPT Group, leasing fitted and bespoke workspace to enterprises alongside a curated precinct dining ecosystem.

Ownership category

akta.pro rank

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Commercial Office Leasing: Rental income from leasing office floors and suites to businesses. Offerings include part-space (GPT Fitted Suites), whole floors, and multi-floor configurations to accommodate varying business sizes and requirements.
2. Retail/Food & Beverage Tenancy Leasing: Rental income from retail food and dining operators within the building precinct, including restaurants, cafes, and casual dining establishments.
3. Car Parking: Revenue from secure car parking facilities available to tenants and visitors.
4. Service Charges: Building service charges including premium building facilities, concierge services, and end-of-trip facilities passed through to tenants as part of total occupancy costs.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Riverside Centre is a Premium Grade commercial office building in Brisbane's CBD 'Golden Triangle' precinct at 123 Eagle Street. It leases premium office space to businesses through GPT Fitted Suites (ready-to-occupy pre-fitted spaces) and Custom Workplace Solutions (bespoke Part, Whole, or Multi-floor configurations), supported by premium building amenities, dining precinct, and digital tenant portals.

Product overview

Riverside Centre is a premium commercial office building managed by GPT Group, offering a portfolio of workplace solutions. The core offering consists of GPT Fitted Suites (pre-configured ready-to-move-in office spaces) and Custom Workplace Solutions (bespoke tailored spaces available as Part, Whole, or Multi-floor configurations). These are supported by premium building amenities including end-of-trip facilities, concierge, 24/7 security, parking, and an onsite cafe. The Riverside Centre precinct also features diverse dining options. Customer-facing digital products include the Our Workplace customer portal and the My Buildings facility management portal.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 5.0 Star NABERS Energy rating demonstrates energy efficiency performance
• +3 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• GPT GroupflagshipOthersGPT Group is the owner and manager of Riverside Centre. The building is part of GPT's commercial office portfolio and represents one of their flagship Brisbane CBD properties.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• JLL: Global real estate services firm with Australian office leasing and property management operations. Comparable as a broad incumbent active in commercial office services.
• CBRE Group: Global commercial real estate services firm offering leasing, property management, and advisory across office portfolios. Comparable as a broad incumbent operating in the same CBD office leasing and management space.
• Brookfield Properties: Global owner and operator of premier office properties with Australian exposure. Comparable as a large-scale incumbent in premium commercial office ownership and operations.

Direct peers

• Mirvac Group: ASX-listed Australian diversified REIT with a meaningful commercial office portfolio including Brisbane CBD exposure. Comparable as a diversified landlord with office segment overlap.
• Dexus: ASX-listed Australian REIT specialising in prime CBD office properties across Sydney, Melbourne, Brisbane, and Perth. Directly comparable as a premium CBD office landlord.
• Lendlease: ASX-listed Australian property developer and investment manager with global commercial office assets and direct Brisbane presence. Comparable in development, ownership, and asset management of premium office space.
• Stockland: ASX-listed Australian diversified property group with commercial office and workplace assets. Comparable as a listed Australian REIT with mixed-use office exposure.
• Investa (Oxford Properties): Australian commercial office platform owned by Oxford Properties, with prime CBD office assets in Sydney, Melbourne, and Brisbane. Comparable as a premium CBD office operator.
• Cromwell Property Group: ASX-listed Australian REIT with a primary focus on commercial office assets across Australia and Europe. Comparable as a specialist office landlord with prime CBD exposure.
• Charter Hall Group: Major ASX-listed Australian REIT with a substantial commercial office portfolio including Brisbane CBD assets. Most directly comparable peer in terms of institutional-grade CBD office leasing business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/riverside-123

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Riverside Centre