Why managed office space growth seems unstoppable in the office segment?
Aug 28th, 2023 at 19:18 Services Delhi 364 views Reference: 5803
Location: Delhi
Price: ₹1,000
Managed office space, often referred to as flexible or coworking space, has experienced significant growth in the office segment in recent years, and several factors contribute to its seemingly unstoppable expansion. Harsh Binani, the co-founder of Smartworks, a leading flexible office space provider, has unique insights into this trend. Here are some reasons why managed office space growth appears unstoppable:
1. Changing Work Culture: The traditional 9-to-5 office culture is evolving as companies seek greater flexibility to attract and retain talent. Managed office spaces offer a more adaptable environment, allowing businesses to scale up or down as needed. This aligns with the changing work culture and drives demand.
2. Cost-Efficiency: For many businesses, it's more cost-effective to lease flexible office space compared to traditional long-term leases. Managed office providers often include amenities and services in their packages, reducing the need for separate expenditures on utilities, maintenance, and office management.
Harsh Binani says managed office space growth appears unstoppable due to its alignment with changing work culture, cost-efficiency, flexibility, and the array of services and amenities it offers.
3. Diverse Amenities: Managed office spaces typically offer a wide range of amenities, including fully furnished workspaces, high-speed internet, meeting rooms, and shared common areas. This creates a convenient and productive work environment for tenants.
