The firm has secured more than 34,000 sq metres of premium grade office space, plus signage rights over the top 15 floors of the 39 storey C5 Tower, effective from 1 January 2016.
"Moving to Barangaroo is an integral part of our long term growth strategy and a major initiative in building our workplace for the future," said KPMG Australia CEO, Geoff Wilson. "Key to our plan is continuing to build an attractive workplace that is not only highly efficient and flexible – but brings our people and our clients together to engage in new and innovative ways."
Barangaroo aspires to become Australia’s first large-scale carbon neutral community. In addition it aims to deliver social sustainability benefits through a range of programs that enhance community wellbeing through culture and identity, community services, healthy and active lifestyle and social investment.
"KPMG is committed to our communities and their wellbeing. Barangaroo presents significant opportunity to contribute long lasting outcomes for our community, particularly through our Indigenous engagement, environmental and education programs," Mr Wilson added.
Designed by the internationally acclaimed architectural firm Rogers, Stirk, Harbour + Partners, the new KPMG tower will be sustainable, flexible and people orientated, providing a dynamic workplace as well as making a substantial contribution to the urban landscape.
Among the key design principles of the KPMG building are world class sustainable design targets, good access to daylight, maximisation of openness and large, flexible office floor plates combined with specifically designed collaboration areas to enable greater engagement between teams.
KPMG's leasing decision follows a national strategic review by Grant Samuel of the firm’s property requirements. Grant Samuel also undertook extensive due diligence for KPMG on the Barangaroo property.
KPMG expects to move into its new Sydney premises from January 2016.
Commercial terms were not disclosed.