Servcorp Limited is an Australian office services company founded in 1978. The company operates Serviced offices, Virtual office and Coworking Spaces internationally. As of June 2025, the company maintained locations in 40 cities across 19 countries, with more than 150 locations worldwide. Office locations include buildings in New York, London and other major cities.
History
Foundation and early growth
Servcorp was founded in Sydney in 1978 by Alfred Moufarrige
. In 1986,
virtual office were introduced to clients
. International expansion began in 1987 with entries into Asia
followed by entries into Japan in 1995
and France in 1987
. Servcorp listed on the Australian Stock Exchange in 1999
, the same year it opened its first offices in
Shanghai. Followed by the company being listed on the Australian Stock Exchange
.
International expansion 2000–2014
In 2003, The Age reported that the company employed 130 staff in
Tokyo. The company later expanded into Europe and North America, opening its first
United Kingdom office in 2009
[
]
/ref> and its first United States office in 2010[
]
/ref>, adding a second Istanbul office in 2011. In 2014, Servcorp opened a location in Beijing's Fortune Financial Center and signed a lease for office space in the One World Trade Center in New York City.
Recent developments 2015–present
In 2017, the company announced plans to upgrade its office infrastructure. In February 2019, Servcorp opened its first German office in Berlin. In 2020, Servcorp opened an office at One Museum Place in Shanghai and expanded existing location in Hobart and Brisbane, followed by a new location in the Philippine Stock Exchange Tower in 2021.
Further openings included Yanmar Tokyo Promenade Building and Bell Gully New Zealand in 2023 . and an office in Riyadh's King Abdullah Financial District (KAFD) in June 2024.
In 2017, the Australian Competition & Consumer Commission (ACCC), a competition watchdog, alleged that the standard form contract used by Servcorp was unfair and pursued court action. In 2018, an Australian Federal Court declared that 12 terms in the standard contracts used Servcorp were unfair. As part of the outcome, Servcorp agreed to a compliance program for its Australian business and agreed to pay the ACCC's legal costs.
Products and Services
Virtual Office
Virtual office services were introduced to Servcorp's clients in 1986. This service provide businesses with a business address, telephone answering, and receptionist facilities without requiring a permanent office[Kenton, Will. "Virtual Office: Definition, Costs, Benefits, Drawbacks."
]
/ref>. Additional services include access to meeting rooms, coworking spaces and administrative assistance.
Serviced Office
Servcorp provides serviced office spaces, which include basic infrastructure and administrative support. As of 2024, the company operates across 20 countries and 132 floors in 40 cities.
Coworking
Servcorp operates coworking spaces, which individuals and teams from different companies work in a shared, communal space.