Servcorp

ASX-listed operator that introduced virtual offices more than 40 years ago

Overview

Servcorp was founded in Sydney in 1978 by Alf Moufarrige and has been listed on the Australian Securities Exchange since 1999[6]. It operates more than 150 locations in 40 cities and about 19 countries, including premium buildings such as One World Trade Center in New York[6][5]. In the United States its packages run from a US$99 communications package and an address package from US$99 to US$119, to a virtual office package from US$168 to US$208 and a premium virtual office from US$450 a month[5]. Higher tiers include a local phone number, a dedicated receptionist and use of meeting rooms[5].

Servcorp strengths and limitations

Strengths

  • Addresses in prestige office towers
  • Dedicated receptionist on higher tiers
  • First month free with no deposit on card payment

Limitations

  • Higher prices than mailbox services
  • Its US price table and package descriptions show different starting prices
  • Smaller network than IWG

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