Industry News

Asia-Pacific Tenants Pivot to Flex Offices Amid Trade Tensions and Falling Rents 0
- Industry News
- April 21, 2025
Amid U.S.-China trade tensions and falling rents, Asia-Pacific office tenants favour flexible workspaces and short-term leases. Landlords prioritise tenant retention, while markets like India and Southeast Asia show resilience. Hong Kong remains the priciest despite a prolonged slump, with regional office supply expected to rise further.
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India’s Office Space Market Booms as Vacancy Hits Record Lows: Awfis MD 0
- Industry News
- April 21, 2025
India’s commercial real estate market is booming, with vacancy rates hitting record lows in significant cities. Awfis MD Amit Ramani attributes this to rising urbanisation, increased demand from IT firms, and a strong return-to-office trend, with flexible workspaces playing a key role in driving growth.
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Chennai’s Commercial Office Space Market Set to Cross 100 Million Sq Ft by 2026 0
- Industry News
- April 21, 2025
Chennai’s commercial real estate market is on track to surpass 100 million sq ft by 2026, driven by strong occupier demand, infrastructure upgrades, and a growing coworking segment. Key micro-markets and steady rental growth underline its appeal as a leading business hub with rising investor confidence.
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Awfis Space Partners with ECOS Mobility to Enhance Corporate Transportation Solutions 0
- Industry News
- April 21, 2025
Awfis Space Solutions has partnered with ECOS Mobility to provide premium, chauffeur-driven corporate transportation services across India. This collaboration expands Awfis’ service portfolio, addressing commuting challenges employees face and enhancing the overall business experience with seamless mobility solutions for Global Capability Centers and enterprise clients.
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APAC Office Market Booms as Demand Hits 8.8 Million sqm in 2024 0
- Industry News
- April 21, 2025
Office space demand across Asia Pacific surged 15.9% to 8.8 million sqm in 2024, driven by corporate expansion, return-to-office trends, and global capability centres. India led in new supply, while overall vacancy remained stable. Colliers predicts continued growth and resilience in the APAC office leasing market in 2025.
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DLF Cashes Out of Kolkata SEZ as Part of Commercial Asset Strategy 0
- Industry News
- April 21, 2025
DLF has sold its 25.9-acre IT SEZ in Kolkata, including the DLF Tech Park, to Srijan Group for ₹693 crore. This move aligns with DLF’s strategy to monetize non-core commercial assets and refocus on high-performing markets like Delhi-NCR and Chennai.
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