Occupiers across major markets in India willing to pay higher rentals for quality office supply
Despite a cost-conscious mindset, occupiers across the Asia Pacific region are willing to pay higher rentals for superior quality offices, particularly in locations which facilitate talent acquisition, according to Colliers’ latest edition of Expert Insights | Asia Pacific Office Markets April…
Surge in Office Spaces to position Gurgaon as a Premier Business Hub
Gurugram, a prominent name amongst Indian metros, is rapidly evolving into a prime business destination. This is evident in the significant rise in demand for high-end commercial complexes and Grade A office spaces. A recent report by Knight Frank India revealed a staggering…
LTI Mindtree Expands Chennai Presence with Additional 600,000 Sq ft at L&T Innovation Campus
LTI Mindtree is set to enhance its footprint by acquiring an additional 600,000 square feet of space at L&T Innovation Campus in Chennai, doubling its size as part of the growing return-to-work momentum, according to sources familiar with the development….
GCCs to lease 45-50 msf of Grade A office space by 2025: Colliers
Over the next two years, Global Capability Centers (GCCs) are expected to lease about 45-50 million square feet of office space, accounting for approximately 40% of the total office demand across the top 6 cities. Improved business sentiments and positive…
Bengaluru Metro Rail: Key office market impact
Bengaluru has transitioned from a cantonment to a public-sector led town, and now into a bustling metropolis over the last decade. The employment opportunities in the city has lent itself to a massive real estate growth. Over the years, Bengaluru…