Office Leasing News - Latest Updates & Headlines
Flex space captures 20% of India's gross leasing in 2024, hits record 15.3 mmt: JLL
Mumbai, February 17: The flex space segment has emerged as the second-biggest contributor to India's office leasing market in 2024, capturing 19.8 per cent of the annual gross leasing activity and setting a new record of 15.3 million sq. ft, according to JLL.
Flex space leasing captures 20 pc share, Delhi-NCR leads: JLL
Mumbai, Feb 17: The share of the flex space segment has risen to a substantial 19.8 per cent in the annual office leasing numbers in India to cross 15 million square feet (sq ft) in 2024 , its best share so far, according to a JLL report released on Monday.
Southern Indian cities race ahead in commercial leasing activity: Anarock report
New Delhi, February 14: The Indian office real estate market has seen a phenomenal rise in demand in the last few years with the year 2024 recording the highest net absorption across the top 7 cities since 2019.
Demand for office spaces in India's top 6 cities poised for double digit surge in 2025
New Delhi, Feb 11: India's top six cities have witnessed significant scale-up in office leasing and supply which is likely to gain further momentum, with gross leasing across the top six cities projected to reach 65-70 million square feet in 2025, according to a report on Tuesday.
Leasing by Global Capability Centres hits an all-time high, crossing 29 mn sq ft in CY 2024
New Delhi, January 6: Leasing activities by the Global Capability Centres (GCC) hit all time high in 2024, at 2024 at 29.4 million square feet with a share of 37 per cent of the overall leasing activity across the top 9 cities in India and registering about 29 per cent year-to-year (Y-o-Y) growth, the CBRE South Asia Pvt. Ltd observed in a report.