Office Types

Serviced Office

A serviced office, sometimes referred to as a managed office or executive suite, is a fully furnished and equipped workspace that is managed by a facility management company or serviced office provider. This is the ideal fit for a start-up or SME. In a serviced office arrangement, tenants typically pay a fee for the use of the space and various amenities on a short-term basis, often through a flexible rental agreement.

Managed Office

In a managed office setup, tenants have a more hands-on role in shaping their workspace. Unlike serviced offices, which offer fully furnished and equipped spaces with limited tenant input, a managed office presents itself as a 'blank canvas.' Tenants are empowered to define their specific requirements, from seating arrangements to interior design choices.

Leased Office

A leased office, also known as a rental office or commercial lease office, refers to a space within a building or complex that is rented out by a landlord to a tenant for a specified period, typically under a formal lease agreement. Leased offices are commonly used by businesses, organisations, or individuals who need a physical workspace but may not want to or be able to purchase or own property outright. If you are a corporate business then this might be the best solution for you.

Co-Working Offices

A co-working space is a shared workspace where individuals from different companies, industries, or professions work alongside each other in a communal setting. These spaces are typically managed by co-working operators or companies and offer a flexible and collaborative environment for freelancers, remote workers, startups, and small businesses.

Virtual Offices

A virtual office is a service that provides businesses with a professional address, phone number, and sometimes additional administrative services without the need for a physical office space. It enables businesses to establish a presence in a desirable location without the associated costs and commitments of leasing traditional office space.

So, What’s The Difference?
Serviced Managed Leased
Typical Term Month to Month (up to 3 years) 2-5 year term 3-10 year term
Location Serviced Operator Buildings Any location on the market Any building in the Leased Market
Delivery Move quickly 4-12 weeks 16+ weeks
Facilities Managed Reception, Shared Facilities (often including breakout areas and meeting rooms) Private Facilities Private Facilities
Management Facilities Managed For You Facilities Managed For You Manage Contractors and Legals Yourself
Culture Establish By Provider Establish Your Own Establish Your Own
Pricing All Inclusive Monthly Cost All Inclusive Monthly Cost Upfront Set-Up Costs and Variable Management Costs
Flexibility One Size Fits All Solution Tailored To You Tailored To You
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