The weaker Australian dollar has given listed managed office provider Servcorp a boost in its performance when it posted a 17 per cent half-year increase in net profit after tax to $18.7 million.
Eighty per cent of the company's fees from its offices in 21 countries are denominated in foreign currencies.
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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au