This article is from the Australian Property Journal archive
GLOBAL small business group platform Xero is opening its new Australian headquarters in Melbourne’s thriving fringe city location of Hawthorn.
Xero is set to become the anchor tenant at the freshly-completed $100 million premium office accommodation, located at 260 Burwood Road around 6km east of the CBD, developed by Podia and land owner Hacer Group.
The new space will see Xero’s local team brought together under one roof after a decade of working across multiple sites in the inner city suburb, in a move that is set to allow greater connection and collaboration for employees.
With 60 staff members across Sydney, Melbourne, Canberra, Brisbane and Perth, Australia is currently the New Zealand-founded company’s fastest growing region.
“Opening our new Australian headquarters today is another huge milestone for the company and tops off a very successful year for Xero,” said Chris Ridd, managing director at Xero Australia.
This comes as the ASX-listed group posted a 23% boost to operating revenue for H1 FY22, at $506 million, as well as a reaching three million subscribers to its services including cloud-based software and digital tools.
The site was designed and built throughout the peaks of the global pandemic and resulting has an emphasis on employee wellbeing, activity-based working and collaboration.
The headquarters includes employee amenities such as a fully quipped gum, end of trip facilities such as towel service and designated wellbeing rooms for prayer and breastfeeding.
In addition to underground parking, the space will feature custom webinar suites and free coffee for employees via an in-house barista.
The Idle Architecture-designed office accommodation sits between the Burwood and Glenferrie Road food and beverage precincts, as well as within close access to public transport including Glenferrie Train Station.
“We’ve achieved such incredible growth this year that we wanted to invest in a new space for our growing team and partners, to help us increase our market share further in 2013,” concluded Ridd.
