Servcorp

Servcorp Limited is an Australian office services company founded in 1978^[5]. The company operates Serviced Offices, Virtual Offices and Coworking Spaces internationally^[6]. As of June 2025, the company maintained locations in 40 cities across 19 countries^[7], with more than 150 locations worldwide^[8]. Office locations include buildings in New York, London and other major cities.

Servcorp Limited

Company type	Public
Traded as	ASX: SRV
Industry	Serviced offices
Founded	1978; 47 years ago (1978)
Founder	Alfred Moufarrige
Headquarters	Sydney , Australia
Number of locations	150+ locations
Key people	Mark Vaile - Chairman[1] Alfred Moufarrige - CEO[2] David Hunt - CFO[3] Daniel Kukucka - CIO[4]
Products	Virtual Offices, Serviced offices, Meeting rooms, and Coworking space
Website	www.servcorp.com

History

Foundation and early growth

Servcorp was founded in Sydney in 1978 by Alfred Moufarrige^[5]. In 1986,virtual office service were introduced to clients ^[9]. International expansion began in 1987 with entries into Asia^[10] followed by entries into Japan in 1995^[10] and France in 1987^[11]. Servcorp listed on the Australian Stock Exchange in 1999^[9], the same year it opened its first offices in Shanghai^[12]. Followed by the company being listed on the Australian Stock Exchange^[13].

International expansion 2000–2014

In 2003, The Age reported that the company employed 130 staff in Tokyo^[14]. The company later expanded into Europe and North America, opening its first United Kingdom office in 2009 ^[15] and its first United States office in 2010^[15]. In 2010, it entered the Turkish market^[16], 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^[17].

Recent developments 2015–present

In 2017, the company announced plans to upgrade its office infrastructure^[6]. In February 2019, Servcorp opened its first German office in Berlin^[18]. In 2020, Servcorp opened an office at One Museum Place in Shanghai and expanded existing location in Hobart and Brisbane^[19], followed by a new location in the Philippine Stock Exchange Tower in 2021^[20].

Further openings included Yanmar Tokyo Promenade Building and Bell Gully New Zealand in 2023 ^[9]. and an office in Riyadh's King Abdullah Financial District (KAFD) in June 2024^[21].

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^[22][23]. 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^[24].