Demand for serviced office space

Abstract

The work environment has experienced tremendous change in the past few decades. The need for global communication, enabled by technology, has been the prime catalyst to transform the traditional demand for office space from a historically inflexible asset into one that includes more flexible solutions. Serviced offices combines office space, technology and support into a global network of fully furnished, staffed and equipped offices and meeting rooms, that can be occupied or vacated on flexible terms, and tailored to the specific business needs of the users. This thesis explores the objectives of these users and the physical characteristics of their requirements for serviced office space. Two case studies further illustrate and verify the analysis. In the pursuit for greater flexibility, serviced office space plays a growing role in the corporate real estate portfolio. This is however an evolution rather than a revolution.