- Alf Moufarrige founded Servcorp in 1978
- Servcorp pioneered the Virtual Office concept in 1980
- Servcorp expanded to Singapore then throughout South East Asia, France and Japan.
- Servcorp was publicly listed on the Australian Stock Exchange (SRV) in 1999
- Servcorp Online was launched
- Expansion continues in the Middle East and selected locations in Asia
- The United Kingdom and the United States of America regions are next!
As the quintessential entrepreneur, Alf Moufarrige was about to embark on a new venture during 1976. Like any new business starting out he required an office, receptionist and secretarial support. He quickly acknowledged that these overheads were eating into his profits and that he was not able to keep this team occupied 100% of the time. He looked to share the space, share a receptionist, share a secretary, share the costs, and reduce the overheads.
Unable to find what he was looking for; the idea of Servcorp began!
And so, in 1978 he started with a corner office space in the MLC Centre Sydney and a piece of chalk to mark out the furniture. From here; the idea took hold and grew organically. As he sold one office he acquired the next. The space quickly grew to 16 offices in one-quarter of a floor.
Alf’s formula was simple and he could explain it on the back of an envelope. With enthusiasm, passion and a clear vision of why his formula of Serviced Offices ‘multi-tenanted office accommodation’ would work, he started to build Servcorp.
Within 12 months Servcorp had two floors in the MLC Centre and a floor in Melbourne city. The formula behind “Why Servcorp works” has not changed to this day – take the best CBD locations in the world; create a premium and professional environment along with the very best team support and IT solutions. A Servcorp Serviced Office is the ideal choice for a company wanting the corporate presence, infrastructure and support of a multi-national without wanting to make the capital investment and commitment normally required. Alf was committed to providing the most cost-effective office solution which allowed clients to focus on their own business and not worry about running the office.
Servcorp was becoming an international success and Alf recognised a growing number of home businesses looking for a cost effective CBD presence. In 1980 Alf pioneered the world’s first “Virtual Office” allowing businesses to have the presence support and facilities of a serviced office without the cost of 24/7 office space.
Over the following years, Servcorp expanded first into Singapore and then other locations in South East Asia, France and Japan. Following that Servcorp expanded into Belgium, the Middle East, China, India and New Zealand.
Servcorp was publicly listed on the Australian Stock Exchange (SRV) in 1999.
Servcorp has become a global network which continues to expand. The formula remains the same: focus on providing business solutions to help our clients save time and money. Servcorp’s offering is now built around the converged network allowing clients ultimate portability and flexibility to do business at anytime, from anywhere in the world! Servcorp Online has been developed to be a single point of control and delivery for all of Servcorp’s services and has aided in making Servcorp the leader in IT solutions for business clients.
Today, expansion of the Servcorp global network of offices is continuing in the Middle East, selected Asia locations, the United States of America and the United Kingdom. Servcorp is widely regarded as the world’s leader in high-quality Serviced and Virtual Office products and IT services.