Australia's Servcorp opens branch in Tehran

Kuala Lumpur, Dec 6, IRNA – Australia's Servcorp- the World's Finest Serviced Offices‎- opened its first branch in the Iranian capital city. Tehran office is the seventh branch that the Servcorp has opened in the Middle East region. According to the 4-traders, an international stock market and financial news website, the Australian company is planning to open 10 branches in Iran as business relations between Iran and Australia are expected to strengthen. Servcorp Limited is a multinational organization that sells serviced office space, virtual office products and IT services. It was established in 1978 and listed on the Australian Stock Exchange in 1999. As of June 2016, it operates in 150 business centers in 52 cities across 21 countries, the website reported. Attending the opening ceremony on Dec 3, the Australian Ambassador to Tehran Jan Biggs said the removal of sanctions on Iran has opened great hopes for expansion of business ties between the two countries, the 4-traders wrote. In Sep , the website added, the Australian Trade Minister Steven Ciobo at the head of an economic delegation travelled to Tehran and talked of his trip saying 'We are in the dawn of a new age of the relationship with Iran.' 1378/IRNA