Home Barton1: Creative value through selective development

October 29, 2026

Barton1: Creative value through selective development

Barton1 demonstrates Cromwell’s ability to identify opportunities within its existing portfolio and create long-term value through selective development. Following the demolition of the former building and the securing of a 15-year pre-commitment from a Commonwealth Government tenant, the project has continued to progress on time and on budget. During FY26, construction advanced through the structural phase and, following year end, reached the important milestone of topping out.

The event also included a water blessing ceremony and tree planting, recognising both the significance of the project and the many people whose expertise and collaboration have helped bring it to this stage.

On completion, Barton1 will deliver approximately 19,800 square metres of A-grade office accommodation in Canberra’s Parliamentary Triangle. The project is being delivered under a fixed-price construction contract, providing greater cost certainty and supporting disciplined management of development risk. Targeting 6-star NABERS Energy and 6-star Green Star ratings, Barton1 is designed to meet the evolving requirements of both occupiers and investors.

The completed development is expected to create a high-quality institutional asset that can support future capital partnering opportunities while contributing to the continued growth of Cromwell’s Investment Management platform.

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