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Managed Office Space

What are Managed Offices?

With a fast-growing number of managed office space options available throughout the UK and globally, The Office Providers now provide professionally managed office space solutions to businesses and institutions in over 900 towns and cities in 120 countries.

Managed office space is a blend of traditional office space with the flexible occupational benefits of serviced workspace, and allows occupiers to tailor the services that they would like included in their workspace package.

The option affords occupiers the flexibility to secure space from 6 months to 5 years, for any size workforce from 10 to 200+, without the onerous obligations of a traditional lease.

Managed office space provides the best of both traditional and modern office space models, and allows users and providers to work together to create a truly bespoke flexible workspace solution.

Contact us to discuss your bespoke managed office space requirements

Why Choose Managed Office Space?

Flexible workspace options have increased in popularity over recent years with occupiers of all sizes. Historically, flexible offices tended to be popular with entrepreneurs, startups and micro companies, however, SMEs, corporations, institutions and other large companies are now seeking out flexibility within their real estate model.

This is for various reasons, one being general economic uncertainty and another being the fact that new international financial reporting standards were introduced in January 2019.

IFRS 16 states that liabilities of a term of more than one year, with a net present value (NPV) above a certain value, will be required to feature on the balance sheet. Before this introduction, real estate leases were often reported under operating expenses, however, IFRS 16 requires these to be reported as amortisation and interest.

This may not be a favourable position for companies of certain sizes and at certain stages of development – it is foreseen that occupiers may seek more flexible or shorter office space lease terms to control the impact on their balance sheets and their management accounting ratios.

For this reason, larger companies may seek to re-gear their leases to shorter terms, seek out shorter terms in the first instance, or look for other flexible workspace options. Serviced space is not always suitable for companies above a certain size or wishing to commit to a longer term and this is where managed office space provides a solution.

Features of managed space:

The items that can be managed include the following:

Managed office space provides a business with the security provided by leasehold offices, together with the flexibility and all-inclusive features associated with serviced workspaces, with the added benefit of occupier branding options.

We provide managed office space in all locations globally – popular recent searches have been in the following locations: Office Space for Rent in MayfairManaged Premises In Birmingham and Managed Offices In Dubai.

Get in Touch to discuss your bespoke managed office space requirements

We are regulated by the Royal Institution of Chartered Surveyors (RICS) so we are independent and impartial, and property professionalism is at our core. Our office space tenant representation and occupier advisory services are FREE, always.

The Office Providers are Regulated by the RICS

See our guide to opening a managed or any other form of office in London Euston here

See our guide to searching for and opening a managed office in Canary Wharf here

View our guide to setting up a managed office in London Hammersmith here

Read our guide to opening a managed office in Shoreditch London here