NEWS

Zeiss commits to relocate South Australian head office in landmark transaction

Colliers International secures circa 5,000sqm pre-commitment for Tonsley development

International optical manufacturer Zeiss has committed to relocate its Australian headquarters within Adelaide, consolidating its presence in the city and cementing South Australia as a national advanced manufacturing state.

The high-tech company has signed a circa 5,000sqm pre-commitment in the 61-hectare Tonsley Innovation District at Flinders, Australia’s first innovation and advanced manufacturing district focussed on assisting domestic businesses increase in value and scale into global markets.

Colliers International’s Office Leasing team secured the 10-year deal, with director Jeevan Deut saying it represented a “landmark transaction” for Zeiss and South Australia.

“This agreement solidifies Adelaide as an advanced manufacturing precinct in the optics sphere,” he said.

“South Australia has a long-standing history in the optical industry and has been a single source of innovation for many years.

“Zeiss saw the opportunity that Tonsley is trying to create, which is an advanced tech-based precinct where like-minded groups can collaborate, and recognised the importance of positioning itself among the best.”

Zeiss will move into a new $6million premises in the Main Assembly Building, and is one of several businesses to commit to office space at Tonsley, including Siemens, SAGE Automotive, Flinders University and TAFE SA.

“A tenant of this calibre adds a substantive layer of maturity to the Tonsley project, bringing it a step closer to the initiative reaching its ultimate goal,” Mr Deut said.

“Colliers International has been involved since we acted for Mitsubishi to sell the land to the state government, and went on to assist in the master planning and project execution. The Zeiss deal represents a key milestone in the project.”

Zeiss’ new headquarters will encompass a combined sales and service centre for the Australian market; a prescription laboratory; a global research and development team for vision care; and a global business solutions team delivering digital and knowledge-based services.

Colliers International Adelaide South Australia Office Leasing Tonsley Innovation District technology business optics manufacturing commercial property tenant development

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