Just as coworking spaces are great for startups looking for collaboration and creativity, serviced offices cater to businesses that want their own private office space while still benefiting from shared work amenities. When considering whether a serviced office is right for you, it's key to understand the physical setup of the workspace. While coworking spaces usually follow an open space concept to encourage collaboration and sharing amongst members, serviced offices are more compartmentalized. Typically, these spaces are broken up into individual “cubicle style” desks, or private offices and suites for individuals or teams. However, some serviced offices offer hot-desking and dedicated desks as well.
Additionally, serviced offices are designed to give a more corporate and professional look and feel. The mood and colours will be much more toned down compared to a coworking space. Serviced offices are occupied by businesses of all sizes — from one and two-persons teams to teams of 30 or more. It is very common for corporations to occupy these spaces for short-term projects, or during office relocation or renovation as “swing space”.