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The Executive Centre Expands its Serviced Office Network in Sydney

2012-07-03 08:00 3678

SYDNEY, July 3, 2012 /PRNewswire-Asia/ -- The Executive Centre, Asia Pacific's leading premium serviced office provider, is pleased to announce that it will launch its fourth centre in Sydney at the sought-after business address, 1 Bligh Street, in September this year.

The Executive Centre on Level 26, 1 Bligh Street, Sydney
The Executive Centre on Level 26, 1 Bligh Street, Sydney

The Executive Centre -- renowned for its modern, contemporary, and ergonomic workplace environments, as well as for the high quality of business support services it provides -- has operated in Sydney for the past decade. It opened its first centre in Sydney in 2001, on level 31 of the iconic RBS Tower, its second centre in 2008 on level 32 and 33 of Australia Square in 2008, and its third centre in 2010 on level 40 of NorthPoint Tower.

"Having established a strong presence in Sydney with its premium fit-outs, client-oriented services, state-of-the-art infrastructure, The Executive Centre continues to win support from local and overseas businesses. In response to the growing marketing demand for prestigious serviced office space, our new centre at 1 Bligh Street with the finest premium Grade serviced offices will expand The Executive Centre's capacity in Sydney and will be an opportunity for us to diversify our offerings," said Elaine Feng, City Head of The Executive Centre Sydney.

Ideally situated in the heart of Sydney's financial district, enjoying a magnificent view of the world-renowned Sydney Harbour, and combining cutting-edge design, technology and sustainability, 1 Bligh Street is the next generation of premium-grade office space located in one of the world's most enviable locations. 1 Bligh is the first City of Sydney high-rise to achieve a 6-Star Green Star as built rating which represents world's best practice in sustainable design.The Executive Centre's new office is located on level 26 of this grand building, offering premium services and workplace amenity with maximised views, natural daylight and high quality furnishings. The offices will have generous filing and storage space, with multiple meeting rooms and other workspace solutions to address a wide range of client needs.

1 Bligh is owned and managed in partnership by DEXUS Property Group, DEXUS Wholesale Property Fund and Cbus Property.

Amanda Kenny, Regional General Manager of DEXUS Property Group, with over AUD13billion in commercial property holdings in Australia, commented, "1 Bligh Street sets the benchmark in Australia for sustainable premium grade office space and we are delighted to welcome The Executive Centre. As a premium provider of serviced offices, The Executive Centre matches 1 Bligh's building profile perfectly."

Paul Salnikow, Chairman & CEO of The Executive Centre said, "The expansion to 1 Bligh Street was a core strategic decision that ensures The Executive Centre will continue to be positioned as the premium serviced office operator in Sydney". He went on to say "our business in Australia and across the region is very strong. This strength has provided the opportunity to double our network of offices in Australia by the end 2012. In fact since 2005 our business has grown by 261% compared to an industry average of 73%." Mr. Salnikow also said, "This Australian growth has helped The Executive Centre to become Asia-Pacific's third largest serviced office operator, with 48 premium centres."

"Despite Jones Lang Lasalle reporting softening demand in Sydney with a negative net absorption of 8,900 SQM in 1Q12, The Executive Centre continues to expand with demand for its premium product driven by clients seeking the advantages of high-grade serviced office accommodation.  Global economic uncertainty is also driving clients into the safe-haven of The Executive Centre serviced offices," Mr. Salnikow continued.

About The Executive Centre

The Executive Centre is the leading premium serviced office provider in Asia Pacific with 47 offices in 18 cities. Founded in 1994, it operates in Hong Kong, Beijing, Chengdu, Guangzhou, Shanghai, Shenzhen, Tianjin, Macau, Gurgaon, Mumbai, Jakarta, Tokyo, Seoul, Singapore, Taipei, Brisbane, Perth and Sydney. The Executive Centre provides serviced offices, virtual office representation services, meeting and conference facilities, and business concierge services to multinational corporations, small and medium enterprises, and start-ups locally, regionally and internationally. Please visit our Web site at www.executivecentre.com

About 1 Bligh Street
For further information on 1 Bligh Street, visit www.1bligh.com.au

Media Contact:

Gigi Liu
Communications Director
The Executive Centre
Phone: +852-2297-2483
Email: gigi_liu@executivecentre.com

Source: The Executive Centre
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