RocketSpace Partners with DEXUS to Open Startup Tech Campuses in Australia

SYDNEY, AUSTRALIA--(Marketwired - December 14, 2016) - RocketSpace and DEXUS Property Group (DEXUS) today announced a partnership to launch a network of campuses in Australia designed specifically to service high-growth tech startups.

Headquartered in San Francisco, RocketSpace provides tech startups with the unique community and services needed as they scale their business, including office-as-a-service, access to capital, hands-on workshops, peer group roundtables and networking events, among other services.

Kevin George, DEXUS Executive General Manager, Office & Industrial said: "Australia is one of the world's fastest growing hubs for tech startups which are a key driver of innovation. We are excited to be partnering with RocketSpace to provide an unrivalled service to high-growth tech startups in Australia, creating a bridge between Silicon Valley and major hubs in Australia to help tech entrepreneurs grow."

Duncan Logan, RocketSpace's founder and CEO said: "Australian startups have an incredible opportunity to scale and compete at a global level. Our goal is to accelerate their growth by bringing them into the RocketSpace ecosystem and creating a bridge between Australia and the world's top tech hubs. We've had the pleasure of hosting Austrade's Landing Pad in San Francisco and look forward to growing our relationships with Australian startups."

Chris Hynes, DEXUS Head of Leasing said: "Our operating model makes this partnership more than a traditional landlord/tenant arrangement whereby DEXUS will work with RocketSpace to create hubs that take tech startup acceleration to a new level, providing members with collaborative workspaces and services as well as access to leading global corporations."

At the intersection of startups and corporates, campus members will have access to RocketSpace's roster of more than 100 corporations who they've helped to plug into the startup ecosystem and drive disruption in their industry.

RocketSpace will initially open campuses in three locations in Sydney, Melbourne and Brisbane in 2017. Like its other campuses, RocketSpace membership will be focused on funded tech startups with space for teams of 1 to 100 people. The campus will be equipped with a variety of workspace options as well as a multi-gigabit Internet connection, cafe, collaborative workspaces, and event space.

Since launching in 2011, RocketSpace members have included more than 1,000 tech startups including 18 unicorns like Uber, Blippar, SuperCell and Spotify. Its Australian launch will expand RocketSpace's global presence to four top global tech hubs in 2017 which include Silicon Valley in the US, London, China and Australia. RocketSpace doesn't require equity from its startup members.

Interested startups can learn more about becoming a RocketSpace member here: www.rocketspace.com/technology-campus-coworking-for-startups-australia.

About RocketSpace

RocketSpace is a technology campus headquartered in the heart of San Francisco. Since 2011, the company has been helping tech entrepreneurs, startups and corporate innovation professionals bring the future to market. The company offers services to its members including programming, consulting, events, and office-as-a-service, which together create the perfect ecosystem and community for innovation to thrive. Select startup alumni include Uber, Spotify, Practice Fusion, and Leap Motion, and RocketSpace's roster of Corporate Innovation Services clients include JetBlue, Schneider Electric, Converse, Tata Communications, Royal Bank of Scotland, Pfizer Consumer Healthcare and ABinBev. For more information, visit www.rocketspace.com.

About DEXUS

DEXUS Property Group is one of Australia's leading real estate groups, investing directly in high quality Australian office and industrial properties. With $22.2 billion of assets under management, the Group also actively manages office, industrial and retail properties located in key Australian markets on behalf of third party capital partners. The Group manages an office portfolio of 1.8 million square metres located predominantly across Sydney, Melbourne, Brisbane and Perth and is the largest owner of office buildings in the Sydney CBD, Australia's largest office market. DEXUS is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange under the stock market trading code 'DXS' and is supported by more than 31,000 investors from 21 countries. With 30 years of expertise in property investment, development and asset management, the Group has a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns for its investors. www.dexus.com

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