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Global capability centres (GCCs) increased their space usage by 17% in FY 2023-24, reaching 22.5 million sq ft, driven by engineering, BFSI, and technology sectors, according to CBRE. GCCs are a key driver in India s office sector, projected to lease 40-45 million sq ft by 2025, with India hosting over 1,900 GCCs. ....
Get latest articles and stories on Business at LatestLY. According to the press release, this growth, recorded from April 2023 to March 2024, was largely driven by the Engineering and Manufacturing (E&M), Banking, Financial Services and Insurance (BFSI), and technology sectors. Business News | Leasing by GCC in India Surge Approx. 17 Pc YoY, Recording 22.5 Mn. Sq. Ft. in FY 2023-24. ....
Leasing by GCC in India surge approx. 17 pc YoY, recording 22.5 mn. sq. ft. in FY 2023-24 aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Retail Industry: The sector recorded an all-time high leasing in 2023, taking 7.1 million sq ft across eight cities, which is expected to dip to 6-6.5 million sq ft in 2024, according to CBRE. ....
The sector recorded an all-time high leasing in 2023, taking 7.1 million sq ft across eight cities, which is expected to dip to 6-6.5 million sq ft in 2024, according to CBRE. ....