23 Nov 2012
Parramatta enjoying huge growth, soaring office space demand
PARRAMATTA, 23 NOVEMBER 2012 - Servcorp, the world's leading provider of serviced and virtual offices is expanding into the brand new elite "Deloitte" Eclipse Tower Parramatta, its third Australian opening this month.
Parramatta is one of Australia's fastest-growing commercial hubs, with more than 20% of Australia's Top 500 companies now having a presence there, and growing links with China and India. Commercial property is in huge demand with a vacancy rate of only 9%, according to the latest Property Council of Australia report. Despite Parramatta's rapid growth, only 25,000 square metres of new office space is scheduled to be built there over the next two years, an increase of just 3.7% against much higher population and jobs growth.
As well as enjoying a premium location, Servcorp's Parramatta Serviced Offices are supported by Servcorp's global IT network infrastructure, and are an affordable and flexible way to set up in Parramatta. Liane Gorman, Servcorp General Manager of Australia/New Zealand says Parramatta is rapidly becoming Sydney's second CBD.
"Servcorp has already enjoyed huge demand at its established Octagon building premises, and we are now expanding into The Eclipse Tower to offer even more options to businesses. From SMEs and multinationals, to companies looking for project space or rotating workspace solutions, The Eclipse is the perfect location to ride Western Sydney's growth," Ms Gorman says.
"Office space is already at a premium in Parramatta. A Servcorp Serviced Office gives you instant entry at a fraction of the cost of setting up your own premises, but with all the features and professional, personalised service that you would expect at your own location."
The Eclipse is the tallest office building in Parramatta, located in the heart of Parramatta CBD, with its elliptical shape offering panoramic views. The Eclipse is environmentally friendly with a Five Green star rating and is equipped with amenities including bike racks and showers. It has close access to major shops and cafes including Westfield and the new Parramatta Transport Interchange. Other tenants include QBE, Deloitte and Landcom, who have all recognised the quality, location, staff amenity and efficiency that The Eclipse provides.
Servcorp's own offices at The Eclipse have been fitted out with the highest attention to detail and amenity. Servcorp's signature checker board granite floors, marble finishes and high-quality, spacious offices, boardrooms and meeting rooms make it an enjoyable place to work and an impressive setting to meet with clients. The reception area is equipped with classic Chesterfield sofas, floor-to-ceiling windows displaying spectacular views, with Servcorp's professional and friendly team creating the best first impression for any business.
With over 140 locations worldwide, the biggest benefit for businesses choosing a Servcorp Serviced Office will be a significant reduction in monthly operating costs and access to a global network. Servcorp's advanced technology gives clients access to world class facilities and communications systems, enabling them to focus on their business and make money without the headache of IT and facilities management.
Servcorp is the only serviced office operator that has invested heavily in technology to ensure all clients have access to a next generation global IT infrastructure and a team of in-house professionals to help achieve a competitive edge. This includes an online portal which allows you to book meeting facilities and resources online in real time, anywhere across Servcorp's 140 locations, when you are on the go.
Servcorp COO Marcus Moufarrige says "Servcorp can help you to reduce your cost by sharing your overheads. Statistically, it has been shown that small businesses and branch offices in the serviced office environment have a 60% greater chance of success than those attempting to start by providing their own infrastructure in traditional space."
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Media contact:
Caroline Shawyer
P: 0401 496 334
E: caroline@prgroup.com.au
About Servcorp
Servcorp is one of the world's leading providers of managed workspace solutions and is viewed as the market leader in premium serviced offices and virtual offices worldwide. Founded in Sydney in 1978, Servcorp now operates a growing international network of 140 prime city locations. Servcorp's clients range from Fortune 500 companies to small and medium-sized businesses and solo practitioners all over the globe.