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Manila prime office 3rd cheapest in Asia-Pacific in Q1

Manila prime office 3rd cheapest in Asia-Pacific in Q1
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Over 46% of office space leased in India is by offshoring industry, says Knight Frank report

Over 46% of office space leased in India is by offshoring industry, says Knight Frank report
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office spaces: MNC s India-facing ops, GCCs continue to drive demand for Indian office properties

In the first quarter of 2024, India s commercial real estate market witnessed robust growth, fueled by multinational companies and global capability centers. Bengaluru and Hyderabad led leasing activity, with significant contributions from GCCs. Rents stabilized or grew, while vacancies declined to 15.8%, reflecting strong demand and limited new supply. Flexible office space operators also played a significant role, contributing 23% to total transactions.

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Q1 2024 office market skyrockets, residential sector hits 86,345 units sold: Knight Frank

Q1 2024 office market skyrockets, residential sector hits 86,345 units sold: Knight Frank
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India: Q1 2024 office market skyrockets, residential sector hits 86,345 units sold: Knight Frank

Knight Frank India unveiled a surge in office space transactions across India s top eight markets, reaching a 16.2 million square feet (mn sq ft)

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