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Coronavirus the 'last straw' for Servcorp in the US

Ingrid Fuary-Wagner

The COVID-19 pandemic was "the last straw" for Servcorp's struggling US business, with the ASX-listed serviced office provider deciding to halve its footprint across the United States and close 12 offices.

The Sydney-based company will close a dozen serviced offices in Atlanta, Boston, Dallas, Los Angeles, Miami, Philadelphia, San Francisco and Washington DC.

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Ingrid Fuary-Wagner was The Australian Financial Review’s explainer editor.

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    Original URL: https://www.afr.com/property/commercial/coronavirus-the-last-straw-for-servcorp-in-the-us-20200629-p5576m