Securing a 3,000 sqm tech HQ built for rapid growth, with a record-setting commercial outcome.
Melbourne
Finance + Insurance
3,000 sqm
Following Ferocia’s acquisition by Bendigo & Adelaide Bank, the fast-growing Up Banking team needed a new Melbourne tech HQ that could support significant future growth.
Location, talent attraction and staff experience were central to the brief. Tenant CS combined workplace planning with a broad market search and parallel negotiations to find a space the business could grow into.
The larger footprint gave the business room to scale over the seven-year term, with flexibility to make productive use of growth space in the meantime.
The transaction delivered the highest incentive paid in Tenant CS’ Melbourne history at the time, materially improving the economics of the move.
An assignment from the exiting tenant and a direct lease with the landlord were negotiated in parallel, strengthening Ferocia’s position.
Employee input helped shape a headquarters designed around how people actually wanted to work, commute and collaborate.
Learn other ways we've helped clients with their property requirements.
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