Memocorp Australia

What Memocorp Australia does

Memocorp Australia Pty Ltd is a privately held Sydney-based property group that owns and manages "The M Collective," a premium investment-grade portfolio spanning commercial, retail, and residential assets across New South Wales. Founded in 1991 and headquartered at 259 George Street in Sydney's CBD, the company self-describes as one of the largest private property groups in Australia. Its portfolio comprises four freehold assets: 259 George Street (a 44,252 sqm A-grade CBD office tower featuring the Zephyr end-of-trip facility), 1 Oxford Street Darlinghurst (a 32,084 sqm 23-storey office building adjacent to Hyde Park), Wynyard Green (a 23,378 sqm dual-tower office complex at 11-17 York Street home to the NSW Government's 17,000 sqm start-up hub), and Strathfield Plaza (a 13,700 sqm retail and commercial centre anchored by Woolworths and Australia Post with 51 specialty retailers and a 9-storey office tower).

The company operates as a direct property owner and lessor, generating revenue through recurring rental income across its commercial, retail, and residential space. Tenants include NSW State Government ministries, national retail anchors (Woolworths, Australia Post, Starbucks, Flight Centre), and other Australian organisations. Memocorp differentiates on premium CBD locations, 5-Star NABERS Energy ratings on flagship office assets, full concierge services, secure underground parking, and amenity investments (Zephyr EOT). The company manages properties through a lean internal team of 11–50 employees and markets individual assets through property-specific websites (e.g., 259george.com.au, strathfieldplaza.com.au).

The business model is straightforward landlord economics: long-term leases, freehold ownership, and asset appreciation. Go-to-market is direct leasing with no public pricing, no disclosed channel partners, and no institutional capital structure (no funding rounds, no parent company, no public listing). The company is privately held under NSW jurisdiction, with no disclosed ownership split, no PE/VC backing, and no M&A activity recorded in the available data.

Name

Memocorp Australia

Legal name

Memocorp Australia Pty Ltd

Website

https://memocorp.com.au

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Memocorp Australia is a privately held Sydney property group owning The M Collective, a premium freehold portfolio of commercial, retail, and residential assets across New South Wales. It leases office and retail space to government ministries and national retail anchors including Woolworths and Australia Post.

Ownership category

akta.pro rank

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Commercial Property Leasing: Memocorp generates revenue through leasing commercial, retail, and residential space to tenants. Revenue is derived from rental income across their portfolio of properties including office buildings (259 George Street, 1 Oxford Street, Wynyard Green) and retail/commercial centers (Strathfield Plaza).

Distribution channels1 record

Core offering

Memocorp Australia owns and leases freehold commercial, retail, and residential properties through The M Collective portfolio, anchored by landmark Sydney CBD assets at 259 George Street, 1 Oxford Street Darlinghurst, Wynyard Green, and Strathfield Plaza. The company generates rental income by leasing office and retail space to government ministries, professional services firms, and national retailers such as Woolworths, Australia Post, Starbucks, and Flight Centre. Properties are delivered with sustainability certifications (5-star NABERS), concierge service, and amenities such as the Zephyr end-of-trip facility.

Product overview

Memocorp Australia is one of the largest private property groups in Australia, operating as a space provider with workspace design ideologies. The company offers The M Collective as its core unified product—a premium investment-grade portfolio spanning commercial, retail, and residential properties. This portfolio includes individual property brands: 259 George Street (A-grade office with Zephyr end-of-trip facility), 1 Oxford Street Darlinghurst (prime office), Wynyard Green (dual-tower commercial complex), and Strathfield Plaza (retail and commercial shopping destination). The M Collective represents the vision and ethos unifying all properties under the Memocorp brand.

Differentiator

Problem solved

Functional benefit

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Stockland: One of Australia's largest diversified property developers with retail, office, and residential assets. Comparable in operating a mixed-use Australian property portfolio, though far larger and publicly listed.
• Lendlease: Global Australian-headquartered property and real estate group with substantial development, ownership, and funds management operations. Comparable in operating commercial property but significantly broader and larger than Memocorp.
• Goodman Group: Large Australian-listed industrial and logistics property specialist. Comparable as a major Australian property group but operates in a different sector (industrial rather than CBD office and retail).
• ISPT: Australian superannuation-owned property investor with a diversified portfolio of office, retail, and industrial assets. Comparable as a large private Australian property investor across multiple asset classes.

Direct peers

• Charter Hall Group: Australian commercial property investment manager with significant office and retail holdings. Comparable as a Sydney-headquartered commercial property landlord with institutional-scale assets.
• GPT Group: Major Australian property group with large office and retail portfolios across Sydney and other CBDs. Comparable to Memocorp in asset class mix (office + retail) and focus on premium-grade product.
• Investa Property Group: Specialist Australian commercial office property manager and owner focused on prime CBD office. Closely comparable to Memocorp's A-grade Sydney CBD office focus and tenant mix.
• Mirvac Group: One of Australia's largest diversified property groups, holding a substantial Sydney CBD office and retail portfolio. Directly comparable to Memocorp as a major Australian commercial property owner with premium CBD assets.
• Dexus: ASX-listed Australian office property specialist that owns and manages a large portfolio of prime CBD office buildings. Closely comparable to Memocorp's focus on A-grade Sydney CBD office assets.

Others

• Fabcot (Woolworths Property): Woolworths Group's property arm, which owns and develops retail property supporting Woolworths-anchored centres. Comparable in operating retail-anchored shopping centres such as Strathfield Plaza, where Woolworths is anchor tenant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MemocorpAus
• LinkedInlinkedin.com/company/memocorp-australia-pty-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Memocorp Australia