BlackRock will ditch its Chifley Tower headquarters and move into the refurbished AMP building after its $200 million redevelopment of the country’s first-ever skyscraper, joining a string of top-tier law firms to create a high-powered corporate precinct in Sydney’s CBD.

The world’s biggest asset manager will take two floors of 33 Alfred Street, slotting in with legal firms Allens, A&O Shearman, Lander & Rogers, Maddocks and Pinsent Masons in a tower where rents reach as high as $1850 a square metre.