Servcorp, since its inception in 1978, has always led the development of workspace solutions, and has grown organically since its IPO in 1999. At the time of the IPO, Servcorp operated in 8 countries with 35 floors. By June 2009, Servcorp operated in 14 countries, with 73 floors; in 10 years Servcorp had doubled its size.
In 2009 the global market conditions created an opportunity to secure leases on what was expected to be very favourable terms. This represented an attractive opportunity for aggressive expansion. During October and November 2009, Servcorp successfully undertook an equity capital raising of $80 million to fund a global expansion program. During the 2010 and 2011 years Servcorp opened a further 53 floors and expanded into 26 new cities and 7 new countries.
At 30 June 2025, Servcorp operated 136 floors in 39 cities across 19 countries.
Demand for Coworking has surged as businesses evolve to adopt flexible workspace capability. Servcorp is determined to stay ahead in this changing competitive landscape utilising our unparalleled technology platform, which provides the capability to adapt to the requirements for flexibility. Competition may be fierce, but nobody has the focus of Servcorp on building the infrastructure that clients need to succeed in the digital age.
We select only the most premium buildings, in the most dynamic locations, so that our clients’ business benefits from a recognisable CBD address. The spectacular views welcome clients and business partners as they arrive in the lobby; they get the ‘wow’ factor with highest standards of interior styling, hand-chosen original artwork, fine leather furniture and our signature checkerboard granite floor. We have absolute confidence that our product is better and our team is motivated.
150+ locations
40 Cities
19 Countries
50,000 Business
| Summary | Founded in Sydney, Australia in 1978 by current CEO Alf Moufarrige AO, the company is a multinational organization that sells Serviced Offices, Virtual Offices, Coworking Spaces, Community packages, and IT services to entrepreneurs, startups, SME’s and large enterprises. |
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| President | CEO: Mr. A.G. Moufarrige AO（Founder） |
| Board Members | The Hon. Mark Vaile AO（Chairman, Servcorp Limited） Wallis Graham （Non-Executive Director, Servcorp Limited） Tony McGrath（Non-Executive Director, Servcorp Limited） |
| Business Outline | Offering the world's finest Serviced offices, Virtual offices, Coworking and Meeting rooms, the company has more than 150 locations in 40 cities in 19 countries, including One World Trade Center, 85th floor (New York); Marunouchi Trust Tower, 20th floor (Tokyo); Marunouchi Nijubashi Building, 2nd&3rd floor (Tokyo),The Hilton Plaza West Office Tower, 18&19th floor (Osaka), The Leaden Hall Building in London, 30th floor, International Finance Centre 2, The Etihad Towers, 36th floor (Abu Dhabi) , Marina Bay Financial Centre, 39th floor (Singapore) and so on. |
| Company Type | Public company, listed on Australian Stock Exchange since 1999 |
| Market Info | ASX:SRV |
| Market cap | AUD $566,000,000 (June, 2025) |
| Head Office Location | Level 63, MLC Centre, 19-29 Martin Place, Sydney NSW 2000, Australia |
In 1976 the entrepreneurial Mr. Alf Moufarrige was about to embark on a new venture.
First, he required an office space, receptionist then secretarial support. Soon he realised these costs were eating into his profits and the team and space were not used 100%, so he looked to share these to reduce his overheads.
In 1978 from a corner office in the MLC Centre Sydney Australia Mr. Alf Moufarrige took a piece a chalk to divide up the space - and Servcorp was born! The idea took hold and evolved organically and in just 12 months, a full 2 floors within the MLC Centre were occupied along with 1 location in Melbourne.
Growth steadily continued, pioneering the Virtual Office concept in 1980 and expansion into other countries and Servcorp was publicly listed on the Australian Securities Exchange (SRV) in 1999.
Today the entrepreneurial spirit and passion of Mr. Alf Moufarrige has spearheaded Servcorp into offering Serviced Offices, Virtual Offices, Coworking and IT Solutions in 150 locations across 40 cities throughout 19 countries.
Simple ideas can lead on to big things. Where will your next big idea come from? We bet you will never look at a piece of chalk the same way again!
In the 2015 financial year ten new floors were opened and six floors were expanded. This was historically Servcorp’s biggest year for office expansion, with a net of 645 offices being added.
A further six floors opening globally in the 2016 financial year include CapitaGreen in Singapore, World Trade Center in Abu Dhabi, and the Ilham Tower in Kuala Lumpur.
The greatly anticipated Barangaroo precinct within Sydney's CBD, opened in late 2016. Servcorp boasts panoramic views of the Sydney Harbour and beyond high up on Level 35 of International Tower 1 within this prestigious new development.
The US is a key market which we will continue to invest time and effort in education about our premium offering with One World Trade Centre with its premium Coworking space proving very popular.
Servcorp will continue to look for premium opportunities across the 19 countries in which we work.
Further entrenchment of the Servcorp Virtual Office message amongst the small business and entrepreneur community across all countries will also be ongoing criteria to growth.
