MNCs’ India-facing Ops and GCCs Drive Office Demand
OFFICE SPACE RENTAL GROWTH Mumbai: India-facing businesses of multinational companies and global capability centres (GCCs) have driven the demand and absorption of office spaces, helping rental growth and reducing vacancies of commercial properties across the country in the first quarter of 2024. Building upon the robust performance observed throughout 2023, the market has sustained the […]
Co-working Space Operators Emerge 2nd-largest in Office Leasing for First Time in Q4
New Delhi: Flexible space operators have emerged as the second- largest sector in the office space leasing for the first time during the January-March quarter as large operators continue to take up space the fulfill the growing demand from global corporates. According to CBRE data, of the total 14.4 million sq ft leased in the […]
