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Charter Hall will set the Sydney skyline alight with its new tower at Chifley Square in the northern end of the city, featuring high-end energy-efficient accommodation as more workers head back to the office.
While construction of the new Chifley South tower is some years away yet, the approval underscores the confidence major developers have in the Sydney CBD.
Office landlords are shrugging off the impacts of the global pandemic with new commercial properties earmarked for development amid forecasts of a recovery in the CBD office sector.