Mitsubishi Estate steps up Australia projects as workers return to office

Japan developer opens office tower with residential-hotel property on the way

20250321N Mitsubishi Estate Parkline Place

Parkline Place's tenants include government agencies of New South Wales and audit firms. (Photo by Rurika Imahashi)

RURIKA IMAHASHI

SYDNEY -- Mitsubishi Estate is ramping up property development in Australia, opening an office building in Sydney along with plans to complete a residential-hotel complex in the city next year.

The Japanese developer expects strong demand in the country, as workers head back to offices and the housing market stays robust.

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