The Dos and Don’ts for Corporate Occupiers when acquiring serviced office space
Find out more about what to do and what not to do when looking for serviced office space, ensuring you find the best option to suit your needs.
Download the Corporate Occupiers Dos and Don'ts
With the increasing pace of economic change, corporate organisations are now exploring property solutions that offer greater flexibility, allowing corporates to react to changing market conditions quickly.
Although the UK property market provides an ownership pattern which may be acceptable for the long term core activities of a corporate business, it has provided few options which support the flexible peripheral activities which need to grow and shrink in conjunction with the changing market conditions of particular business units – serviced offices allow for this flexibility.
Serviced Offices offer corporate occupiers, but more specifically the most volatile and risky business units enhanced flexibility. The increased need for corporate occupiers to reduce their fixed real estate assets has seen the use of corporates using serviced offices increase by 30% since 2009.
Over the last decade, the reputation of the serviced office industry has been enhanced; serviced office operators now occupy some of the most prestigious buildings worldwide, offering a great quality of space in an unbranded nature whilst providing high-end service levels to corporates occupiers.
When to use Serviced Offices?
Serviced Offices are best used when looking for flexible project team, potential overflow space or for volatile business divisions that require reactive solutions. Uncertainty on the length of a project can be aided by the added flexibility of serviced contracts (quarterly breaks etc).
Use a serviced office when opening an office in an unknown location, it will allow flexibility, if the area turns out not to be correct then you are not tied in long-term.
Serviced Offices are not always a short-term fix; many corporate occupiers now enjoy the ‘one-stop’ nature of serviced offices. Reception, security, meeting rooms and IT support are all taken care of by the serviced operator and so corporate teams can focus solely on their core business instead of the day-to-day running of the office space.
How can our team help you?
The JLL serviced office team can advise corporates on both the landlord and tenant occupier side.
If you are a corporate occupier we will advise you throughout the process, from the initial search to final negotiations, ensuring we find the best solution for your office requirement. If you are a landlord considering disposal opportunities, we will work with you to find flexible solutions for your surplus office space and you will also benefit from our strong relationships with serviced office operators.
Our network of offices means we can work with clients globally offering bespoke advice to suit your business objectives.
Using our team to source service office space is completely free.