Virgin Australia is departing its long-standing Bowen Hills offices in favour of the more modern and more centrally-located Southpoint building at Southbank which also serves as Flight Centre HQ.
The airline will occupy five floors of the 21-story office tower on Grey Street, reportedly sub-let from Flight Centre, with the move slated for the middle of September.
A Virgin Australia spokesman confirmed the move to Executive Traveller, saying that "the Virgin Australia Group has been looking to relocate its Queensland-based headquarters to a more fit-for-purpose facility for some time."
"We will end our Bowen Hills lease in September and relocate all Brisbane-based team members to the Southpoint building at Southbank where the Group will occupy five floors of the building."
Comprising three separate buildings with over 12,000sqm and 149 car spaces, the Edmondstone Road complex has served as 'Virgin Village' for over a decade, and property manager Charter Hall lists it as "fully leased to Virgin Australia Holdings."
However, the airline's inevitable downsizing – spurred by both the impact of Covid-19 and the new ownership of Bain Capital – has seen it make an early exit on the lease, previously due to expire in May 2026.
The five floors at Southpoint are said to total around 9,000 sqm, or three-quarters of the currently held space at Virgin Village.
Bain is expected to slash Virgin's workforce, removing several thousand jobs in an airline which will fly fewer routes, operate a smaller streamlined fleet, and focus on domestic travel for the short term.