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Serviced Office Leasing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Serviced Office Leasing Market Research Report | Specialist Engineering, Infrastructure & Contractors | Specialist Leasing | Jul 2015

Lease up: The industry benefits as businesses increasingly seek flexibility

IBISWorld’s Serviced Office Leasing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Christie Offices Christie Offices market share
Corporate Executive Offices Corporate Executive Offices market share
Regus Australia Regus Australia market share
Servcorp Servcorp market share
Industry Statistics & Market Size
Revenue
$370m
Annual Growth 11-16
4.8%
Annual Growth 16-21
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Profit
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Employment
1,755
Businesses
356
Industry Analysis & Industry Trends

The Serviced Office Leasing industry has gained favour with an increasing number of businesses over the past five years. The flexibility of serviced offices has strengthened the industry's position in the office property market. Clients have warmed to the concept of securing a prestigious office location without having to commit to hefty long-term lease arrangements and permanent staffing costs. The industry is catering to client desires by offering prime real estate instead of poorly maintained offices in mediocre locations.

The onset of the global financial crisis and subsequent collapse in business confidence and private building investment contributed to the industry's revenue losses over the three years through 2010-11... purchase to read more

Industry Report - Industry Products Chapter

The principal product offered by the industry is the provision of serviced office facilities in a business centre. However, changing market needs and technological advancements have caused other industry services to steadily gain prominence.

Serviced office services

Serviced offices are the largest product segment for the industry. However, over the past five years this share has declined, due to the rise of virtual offices and videoconferencing facilities. Essentially, serviced offices are fully furnished, fully operational office spaces typically suitable for immediate occupation. The appeal for many business operators is that leasing serviced offices is an all-inclusive payment with flexible cancelation policies... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Serviced Office Leasing Industry?

Companies in the industry rent or lease fully furnished office space to businesses on a part-time or as-needed basis. The industry also provides virtual office and conference room leasing options.

Industry Products
Serviced office servicesVirtual office servicesConference and meeting roomsVideoconferencing
 
Industry Activities
Administration and support staff Fitted-out office suites rentalVirtual office services rentalMeeting and conference room rentalVideoconferencing facilities rentalAdministration and support staff Fitted-out office suites rentalVirtual office services rentalMeeting and conference room rentalVideoconferencing facilities rental


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