Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Flexible office spaces in India have reached a record 12.7% share of total office leasing in the first half of 2024. Major sectors like IT, engineering, and BFSI are driving demand. With key operators expanding, flex spaces are poised for continued growth as companies seek cost-effective and adaptable workspace solutions.
READ MOREManaged office spaces transform India’s workspace landscape with flexibility, technology integration, and strategic locations. Discover how these factors drive the growing demand and shape the future of the Indian office market.
READ MOREIndia’s office market embraces sustainability, with 65% of Grade A spaces now green-certified. Bengaluru leads the way, driving demand for eco-friendly offices. Tenants are willing to pay a 12-14% premium for these spaces, recognising their benefits for productivity and well-being. Green certifications are shaping the future of real estate in India.
READ MOREExplore five creative strategies to repurpose underutilised office spaces in India. From strategic subleasing to transforming spaces for artists and social initiatives, discover how to add value and engage the community.
READ MOREUncover the top 12 design-conscious coworking spaces in India for 2024. These workspaces combine modern design with functionality to create an inspiring professional environment.
READ MOREPrime office rents in the Asia-Pacific region saw a 3.1% decline in Q2 2024, driven by a sharp drop in Chinese cities. Conversely, India experienced a surge in office leasing, with significant growth in Bengaluru and Mumbai. Australia’s market grew, while Southeast Asia and New Zealand had mixed results.
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