Bespoke fitted office delivered and managed by a third party — between flex and traditional.
Lease structure · Global
Bespoke fitted office delivered and managed by a third party — between flex and traditional.
A managed office is fitted to the tenant's brief and managed (cleaning, IT, reception) by a third party — typically on a 2-5 year term. Sits between pure flex and a traditional lease in cost, customisation, and term length.
Managed office is part of the lease structure vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.