- CEO
- Alfred George Moufarrige
- Full Time Employees
- 709
- Sector
- Finance
- Industry
- Real estate development
- Address
- MLC Centre Sydney NSW Australia 2000
- IPO Date
- Dec 6, 1999
- Business
- Servcorp Limited (ASX:SRV), founded in 1994 and headquartered in Sydney, Australia, provides premium executive serviced offices, virtual offices, coworking spaces, meeting rooms, and related IT, communications, and secretarial services to businesses worldwide. The company offers fully furnished private offices with 5-star fit-outs including leather furniture, granite flooring, high-speed secure internet, Cisco phone systems capable of handling up to six incoming lines, fully stocked kitchens, photocopiers, and on-site IT support; virtual office solutions featuring prestigious business addresses, mail handling, local phone numbers, and access to coworking areas starting from $168 per month; flexible coworking options with 24/7 access starting from $134 per month; and boardrooms and meeting rooms equipped with AV, video conferencing, and reliable meeting systems available on a pay-as-you-go basis from $50 per hour. Operating a global network of over 150 locations across 40 cities in 19 countries, including major business districts in Australia, New Zealand, Asia, Europe, and the Americas, Servcorp targets startups, SMEs, and multinational corporations seeking cost-effective, high-quality workspace solutions without long-term lease commitments. Recent developments include steady dividend payments with a trailing twelve-month gross DPS of $0.2871 and a yield of approximately 3.77%, alongside a director share acquisition by Alfred George Moufarrige of 15,000 shares valued at A$85,500, reflecting confidence in ongoing operations amid a strong share price performance up 28.40% against the ASX 200 over the past year.