Canva leases Collingwood HQ
Canva has significantly upsized its Melbourne headquarters in Collingwood.
The graphic design platform has relocated from serviced offices to a c1940 square metre warehouse conversion at 30 Rupert Street (image, top, Google Street View), taking over from Lululemon which moved to a Creative Cubes space at DWS’s 88 Langridge St.
Canva announced the rental agreement last December though the terms, including starting annual rent, are as yet undisclosed.
The deal comes five months since we reported the group was outlaying just over $120 million for a 10 level, 8568 sqm unrenovated office at 8-24 Kippax St, in Sydney’s Surry Hills – also its Australian headquarters.
Established 11 years ago by Perth’s Cameron Adams, Cliff Obrecht and Melanie Perkins, the company is now speculated to be worth over $40 billion.
Another Collingwood lease deal
Considered both an inner north and east suburb, Collingwood is two kilometres from town.
The Canva lease comes nine months Swisse Wellness leased a c900 sqm space at 88 Langridge St, upgrading from a warehouse conversion in the suburb – the Foy & Gibson building at 111 Cambridge St (story continues below).
Also committing to the DWS building, 18 months ago, was skin care giant Aesop.
It relocated from 25 Smith St, Fitzroy (a road which in this part of Melbourne, is also the Collingwood suburb border), after plans to occupy a 4500 sqm space at 54 Wellington St, Collingwood, fell through following that office taking longer to complete than expected, care of the Grocon collapse.
Regus owned co-work business IWG also moved into part of a Collingwood office last year: 71 Gipps St, owned by RF Corval.
In 2020, meanwhile, during the national lockdown, Warner Music rented a 256 sqm space within 51 Langridge St, on the south east corner of corner of Wellington, developed by Pace Property Group but now owned by a private investor.
Like Canva, Warner relocated within Collingwood – 36 Wellington St – a site US-based investment house Hines now controls and is replacing with an uber green, 15 storey timber office tower.
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