2018 Media Releases

September 21, 2018

Sydney Contemporary wraps up its best year ever

This September marked Deutsche Bank’s second year as Principal Partner of Sydney Contemporary, Australia’s leading contemporary art fair. Held over five days, the Fair brought together 87 Australian and international galleries, 300 artists and over 27,000 members of the art loving public.

Thorsten Strauss, Global Head of Art, Culture & Sports, said: “The Sydney Contemporary partnership follows the bank’s longstanding partnership of other leading art fairs around the globe, including the Frieze London, Frieze New York and the new Frieze Los Angeles which we announced in May.”

Now in its fourth edition, it was the Fair’s most successful year achieving AUD 21m in sales up from AUD 16m in 2017. Approximately AUD 10m will flow back to the 300 artists that exhibited at the Fair.

Setting an artist record was a painting by Australian contemporary Indigenous artist John Mawurndujl named Ngalyod, The Rainbow Serpent (1999) which sold for AUD 140,000. But Sydney Contemporary isn’t just a fair for the serious collectors, it also welcomes art lovers, art students and anyone with a curiosity in contemporary art.

“As a global bank operating in Australia it’s important for us to have a positive impact in our local community,” said Jill Valentine, Head of Communications & CSR Australia. “Our partnership with Sydney Contemporary is a perfect opportunity to do this as we play an important role in making contemporary art accessible to a broad audience. We’re delighted that over 27,000 people, including our clients and staff, visited this year’s fair and were able to experience and enjoy all that was on offer.”

The Deutsche Bank VIP Lounge provided an opportunity to showcase the bank’s global commitment to contemporary art with works on display from the Hong Kong Collection. To demonstrate a more local commitment to contemporary art, the bank commissioned Melbourne-based artist Danae Valeza to create an interactive installation in the Lounge. Guests of the Lounge (which included clients, media and staff) were the first to see the work by Danae which will now be installed at Deutsche Bank Place in Sydney.

Sydney Contemporary will return in 2019 with Deutsche Bank as Principal Partner.

 



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Last Update: September 21, 2018
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