What is a serviced office?
A serviced office represents an innovative real estate solution, positioned strategically between traditional long-term leases and shared coworking spaces. Inspired by the success of flexible work environments, it offers businesses an exclusive, private office within a fully managed building. Unlike coworking, your space isn't shared with other companies, ensuring confidentiality and a dedicated environment.
Why businesses are embracing serviced offices
The landscape of work has undergone a significant transformation, accelerated by recent global events. Hybrid work models have led to reduced office occupancy and highlighted the limitations of rigid traditional leases, which struggle to adapt to rapid changes in team size or business needs.
The office has evolved beyond a mere workstation; it's now a vital hub for collaboration, fostering company culture and talent cohesion. In this context, businesses are actively seeking more flexible, streamlined solutions that align with these new operational demands.
Key advantages for your business
Serviced offices appeal to a wide range of companies, from multinational corporations to small and medium-sized enterprises (SMEs) and agile startups, primarily due to their inherent flexibility and lack of long-term commitment.
Here's why they are a strategic choice:
1. No long-term commitment & exclusive space
Unlike conventional leases, a serviced office is rented via a service agreement, providing your company with an exclusive workspace without the burden of rigid 3/6/9 year contracts. This contract type offers unparalleled agility, allowing you to scale up or down as needed.
2. Ready-to-use & rapid deployment
These offices are truly "key-in-hand" solutions. They come fully furnished and equipped with essential amenities, including high-speed internet, utilities, and connections, ready for immediate occupancy. This enables rapid setup, perfect for businesses requiring quick adjustments or market entry.
3. Simplified budgeting & cost control
One of the most appealing aspects is the single, all-inclusive monthly invoice. This covers rent, service charges, and essential utilities like water, electricity, internet, insurance, and cleaning. Businesses can also opt for additional à la carte services such as mail handling or concierge. This transparent, all-in-one fee provides a precise overview of monthly expenses, eliminating hidden costs.
4. Strategic business growth & agility
Serviced offices are powerful strategic tools for various business scenarios, including:
- Testing new markets or regions without significant capital investment.
- Accommodating phases of rapid growth or restructuring.
- Managing fluctuations in business activity efficiently.
5. Sustainability & employee attraction
By optimizing space utilization, sharing common areas, and often occupying renovated, energy-efficient buildings, serviced offices contribute to reducing your company's carbon footprint. Furthermore, they offer modern, well-located, and fully equipped work environments that significantly enhance the employee experience – a crucial factor in today's competitive job market.
Benefits for property owners and landlords
For landlords or companies with vacant office spaces, the serviced office model presents a significant opportunity for property valorization. It allows them to transform underutilized commercial spaces into revenue streams by adapting them to modern professional uses. This model also simplifies operations by delegating day-to-day management (maintenance, tenant relations, renovations) to specialized operators. In a hybrid work environment, serviced offices effectively limit vacancy rates and optimize every square meter.
Find your flexible workspace solution
If you're looking to gain flexibility while maintaining control over your real estate costs, exploring serviced office options could be the ideal solution for your business.
Source: bnppre.fr
