Workspace Glossary

Absorption Ad-hoc Meeting Abandoned/Ghost/No-show Meeting Assigned Seating AV (Audio Visual) ABW (Activity Based Working) Access Control Amenities Assignment Alienation Abatement Period Agile Working Accelerator

Base Rent Break Option Boardroom Break Clause Building Insurance Broker Commission Business Center Building Survey

Coworking CapEx Commencement Date Common Area Maintenance CO/CPO (Closed Office), or Closed Plan Office Concierge Services CEEO/CEXO (Chief Employee Experience Officer)

Desk Booking Distributed Team Dilapidations

Employee engagement Elastic Office Effective Rent

Free Address Flexible Work Policy Flexible Work Environment Flexible Work Schedule Fit-Out Forfeiture Flexitime

Gross Area

Huddle Rooms Hybrid Office Hybrid Working Hub and Spoke Hot Desking Hybrid Workplace Hybrid Team

IWMS (Integrated workplace management software) IT (Information Technology) ITO / IT Outsourcing IT Services Incubator

Lease Term License Agreement Lease Security Landlord Agent

Managed Office

Net Office Space

Office space planning Open Space Operating Costs OO/OPO (Open Plan Offices ) Office Timeshare

Pre-let Property Manager

RFP (Request for Proposal) Recurring Meeting Remote Work Relocation R&D (Research & Development) Rent-free Periods Rental Offer (Proposal) Relaxation Zone (Chillout)

Space Management Stamp Duty Subletting Service Charge Service Cost Structured Cabling Serviced Office Space-as-a-Service (SPaaS)

Term of Lease Touchdown Spot Tenant Telecoms

Virtual Office

Workplace Experience Work From Home Work From Anywhere WX (Workplace Experience) Wi-Fi