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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 | May 2014

Watch this space: The industry benefits from increasing workforce 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
$520m
Annual Growth 09-14
3.1%
Annual Growth 14-19
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Profit
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Employment
1,650
Businesses
350
Industry Analysis & Industry Trends

The flexibility of serviced offices has galvanised the Serviced Office Leasing 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 onset of the global financial crisis and subsequent collapse in business confidence and private building investment took the industry from boom conditions to an abrupt halt. The magnitude of the correction in the late 2000s left in its wake a leaner and fiercely competitive industry that has steadily grown from the 2009-10 trough... purchase to read more

Industry Report - Industry Products Chapter

The principal product offered 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, contributing about 62.5% of revenue in 2013-14. Over the long term, this share is gradually being whittled away by growth in the provision of virtual offices and videoconferencing facilities. Essentially, serviced offices are fully furnished, fully operational office spaces typically suitable for immediate occupation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Serviced Office Leasing Industry?

Companies in this 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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