23/11/2012 - 14:12

Servcorp expands to Brookfield Place

23/11/2012 - 14:12

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Servcorp expands to Brookfield Place

Serviced office provider Servcorp has secured a floor in the recently opened Brookfield Place, after striking a deal to sub-lease space not taken up by accounting firm PwC.

Brookfield Office Properties, as developer of the 45-level tower, has previously announced it was 100 per cent leased to BHP Billiton, PwC and Barrick Gold.

However, Servcorp recently discovered there was an opportunity to expand its Perth presence by sub-leasing space from PwC.

PwC leased a total of 8,500 square metres, or five floors of the tower, and has sub-leased one of those floors to Servcorp.

The new office, due to open next week, will be Servcorp’s third in Perth.

At 1,658sqm, it is also larger than its Central Park office (1,571sqm) and AMP Tower office (750sqm).

Servcorp’s traditional rival Regus also has three offices in Perth, at St Martin’s Tower, the Forrest Centre and 267 St Georges Tce.

A recent market entrant, Perth-based Liberty Executive Offices, doubled in size earlier this year, adding 840sqm of spare space at Governor Stirling Tower to its two floors at Allendale Square.

The new Perth office is the third Australian expansion for Servcorp this month, following openings in Melbourne and Parramatta.

Servcorp now has 27 floors across Australia and New Zealand, with over 30,000sqm of office space that resulted in $54 million in revenue over the last year.

General Manager Australia/New Zealand Liane Gorman said Perth and Western Australia are key to Servcorp's strategy, with Brookfield Place setting a new standard.

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