These new space providers offer customization at a micro-level, starting from how a space is built to enterprise needs while scaling up or down.
Premium serviced office space providers own the places they offer, hence have greater freedom to carry out alterations, whether temporary or permanent in nature.
With premium serviced spaces, they essentially get to build ‘intentional spaces’ which reflect the brand culture without involving significant rebuilding costs.
The office spaces industry is estimated to be the third largest outsourced industry after IT and BPO. This trend is easy to understand, considering premium office spaces offer international brands the ideal way to smoothly enter in new markets by testing the waters.
Premium serviced spaces offer a great alternative with flexible office lease structures and hassle free lock-in periods that do not block capex.
Cost-efficiency, customization to establish a distinct brand identity, operational flexibility, reduced management hassles and a cool work culture have made premium serviced spaces a separate, high potential segment emerging under the overarching co-working movement.
There is more to a workspace than meets the eye, and premium serviced space providers allow enterprises to establish an independent personality, while simultaneously benefitting from the collective resource sharing opportunities typical of the current trend of collaborative consumption.