Investa has secured a new 10-year, whole of floor lease with Serviced Office, Virtual Office and Coworking leader, Servcorp, at Parkline Place – the newly opened premium commercial tower located at 252 Pitt Street, Sydney.
The 778sqm top floor lease provides Servcorp a premium space with unmatched panoramic views. In addition to its flexible suite of serviced offices, virtual offices and coworking spaces, Servcorp customers can now enjoy sweeping 360° views of Sydney Harbour, Hyde Park and the CBD, all from the very top of Sydney Midtown’s first new office tower in nearly a decade.
With approximately 80% of the tower now leased momentum continues to build at the premium commercial address.
Mark Podgornik, Head of Leasing at Investa said: “Servcorp is an Australian entrepreneurial success story. Listed on the Australian Securities Exchange, the business has grown rapidly and its focus on premium customer service and delivery fits Parkline Place’s upper level perfectly.
“Having Servcorp in Parkline Place adds enormously to the benefits available in the building and encourages more people to experience the stunning design, transport connectivity, retail and dining options alongside the views from the top.”
Alf Moufarrige, CEO and Founder at Servcorp said: “Servcorp’s success rests on selecting locations that enable our customers to operate their businesses from convenient CBD locations that combine leading design, superior space and other services. Parkline Place is a perfect fit with Servcorp’s brand.
“We have locations in London, Paris, Dubai, Riyadh and level 85 in the World Trade Centre New York, plus 150 locations in 22 Countries for our clients to use. We are an IT leader in our industry and are continuing our profitable growth across the globe.”
Julian Milne, Director – Office Leasing at Ray White Commercial said: “Parkline Place is the perfect location for Servcorp in Sydney’s Midtown and adds another premium address to Servcorp’s portfolio in Sydney.”
Servcorp will join a growing roster of high-profile tenants, including leading wealth management organisation, Insignia Financial – one of the first tenants to move into Parkline Place – and global accounting, tax and advisory services firm, BDO Australia, who moved into their new office in June. NSW Government departments including The Office of Director of Public Prosecutions (ODPP), who took up residence in January, and Department of Planning, Housing and Infrastructure (DPHI) and Department of Climate Change, Energy, the Environment and Water (DCCEEW) who took up residence in April. The Crown Solicitor’s Office (CSO) will take up residence mid-2026.
Jointly owned by Oxford Properties Group (‘Oxford’) and Mitsubishi Estate Asia (MEA), and managed by Investa, Parkline Place is a state-of-the-art commercial and retail tower situated directly above Sydney Metro’s Gadigal Station. Designed by the globally renowned Foster + Partners, the building is attracting top[1]tier tenants seeking contemporary workplace solutions tailored to today’s business and people needs.
Parkline Place is surrounded by a lively mix of retail and dining venues that service over 4,000 office workers in the building, including [Australia’s first location of pioneering Japanese-style beef restaurant] Kyoto Katsugyu, Cha-No-Wa, Batch Espresso, Starbucks and the renowned Grounds of Alexandria – which is due to open later this year.