India’s Top Nine Cities Set Office Leasing Record Through September Office leasing across India’s nine leading cities reached a record 66.4 million square feet between J...
Office leasing across India’s nine leading cities reached a record 66.4 million square feet between January and September, according to CBRE.
Global capability centres, or GCCs, were identified as the key force behind the record leasing performance. The data places GCC expansion at the centre of office demand across the nine-city market during the period.
The 66.4 million-square-foot total marks a record for the January-to-September period across the cities covered by the report. It provides a snapshot of strong office leasing activity, while the available information does not specify individual city-level performance or the outlook for the rest of the year.
CBRE’s findings underline the importance of GCC-led demand in the office leasing market through the first nine months of the year.
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