SAP has committed to move its Australia and New Zealand headquarters to Winten Property Group’s 1 Denison Street office tower in North Sydney.
The 39-storey building, which will become the tallest skyscraper intro Sydney, is scheduled for completion in late 2019, with Nine Entertainment Co signing on as the anchor tenant last year.
SAP will move to the new 6000-square-metre space when its current lease expires at 168 Walker Street.
SAP ANZ president and managing director Colin Brookes said the relocation was motivated by securing the best outcome for SAP’s customers and partners, and ensuring a great place to work for its people.
“The SAP business in Australia and New Zealand continues to deliver growth. The relocation of our local headquarters to 1 Denison is another example of our ongoing investment into this market, in the name of customer, partner and employee success,” Brookes said.
SAP ANZ will continue to also operate from offices in Brisbane, Canberra, Melbourne and Perth in Australia, and in Auckland and Wellington in New Zealand.