Coworking vs Operated Offices, How To Choose?

The turnkey office market is now truly seen as the future of workplaces. An identified growth engine for the office real estate sector for the coming years, the operated office market is taking shape, while the coworking space market is confirming its appeal and tending to develop. True fundamental trends, this new generation of spaces illustrate the increased need for flexibility and agility of companies and the new paradigm of the office building, which is now no longer considered an asset arising from a heritage strategy, at least more systematically, but well and truly as a tool at the service of a company’s performance. Details of these two flexible working methods and an illustration of the office of the future.

What is the operated office?

the operated office True turnkey officedesignates an independent and flexible workplace with due observance of a service delivery contract

It is usually concluded between a coworking space and its customer, but can also be the result of research negotiated and conducted by a service provider. This is a request usually made by companies looking for: flexible real estate solutions and adapted to their new market constraints.

The operated offices also deliver a consistent and private service platform.

Operated offices are relatively new in mapping flexible office offers available in France. A recent study conducted by a turnkey office rental company estimated their number at nearly 350 of the number of coworking spaces in Paris. This trend is also evident in the main French cities such as Lyon or Marseille.

How does the operated office differ from coworking spaces?

Operated offices have their origin in coworking spaces and are not that far away.

Like them, they fit into the background of flexible workplaces and are considered third places. Like them, they report flexible contracts that are adapted to the needs of companies. Like them, they offer a wide range of services to meet all user needs.

However, operated offices mainly offer: independent and private workplaces because they correspond to 85% of current demand, and relatively few collective workspaces. In addition, the services offered are offered on behalf of one company, so that you benefit from an offer that is completely focused on you.

Among the main advantages of the operated office, we also note:

– Delegation of the search for spaces to a specialized operator that maintains relations with all players in the real estate chain (landlord, broker, asset manager, etc.)

– No classic 3/6/9 lease but a flexible lease thanks to a service contract

– A monthly billing point including all services and delivery

– Personalized services for your employees

How is the flexible office market in France evolving?

the flexible office market is as you understood it in full blast. The rising trend observed for business needs in the past two years, and the assessment of future needs, confirm the phenomenon and make it a basic trend.

Indeed, there are now about 2,800 coworking spaces in the territory and they continue to develop. Like the major regional cities and the capital, the phenomenon is now taking place in more remote rural areas. It must be said, telecommuting and access to flexible workplaces has become a reality for many employees and self-employed who want to include this extension in company agreements.

The need for flexibility and agility, which has been emphasized in the wake of the health crisis, also responds to a strong social and societal trend aimed at providing new generations of workers with workspaces adapted to their expectations and designed in an atmosphere like home. . Today we live in an age of services and it seems obvious to associate the workspace with an important service offering. This offer is just as important as the location of the room. We are a long way from the rental/location/location adage. The balance between private and professional life is at the heart of companies’ decision-making processes and their company’s selection choices for French employees.

While traditional leases continue to impact the corporate real estate market, it is clear that tertiary areas such as La Défense are doing well at the expense of the peri-defense and inner-city sectors. According to the workin.space platform that was surveyed on the subject: “Within coworking spaces where demand is growing in importance, the demand for the rental of special private spaces is about 85%, while before 2019 a relative equality treatment was observed in private spaces and open spaces”.

Some even go as far as to view the turnkey office market as the resurgence and future of coworking spaces.

The operated office is thus expected with good days ahead, nevertheless the same applies to all flexible spaces such as coworking centers, corpoworking spaces, fab labs … all the result of a strong desire to consider the space through the prism of the actual needs of the users. There is not one model, just as there are no comparable companies. The whole challenge is for companies that want to renew their real estate policy, to find the formula that is adapted to their corporate culture and strategy.

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