As landlord demand more permanent terms and start-up companies have shorter life spans than ever, the need for flexible work space increases. The benefits to having serviced office is you can move in ASAP, it can come with furniture, and there is flexibility in the terms you need to sign up too. The other side of the coin is you are sharing facilities such as kitchens and meeting rooms with other tenants in the building and your actually office area can be very tight per person.