King & Wood Mallesons (KWM) has agreed to renew the lease on its 12,000sqm office space in one of Sydney’s most prestigious buildings, Governor Phillip Tower, in the city’s central business district.

The firm, which has been a resident of the tower for more than 20 years, is understood to have mulled options for 20 Martin Place, Grosvenor Place and Barangaroo South, but ultimately decided to stay put in its existing location.