Articles & Latest News on Office Leasing - Page 5 of 9

India’s Office Leasing Market Set for Record Absorption in FY2025: ICRA 0

India’s office market is set for record absorption, with net leasing projected to grow 10-11% in FY2025 to 59-60 million sq. ft., according to ICRA. Vacancy rates will remain stable, while retail leasing will grow 7-9%. Rising demand from GCCs, corporates, and resilient economic factors continue to drive expansion.

India’s Office Leasing Market Set for 10-11% Growth in FY25: ICRA 0

India’s office leasing market is set to grow 10-11% in FY25, with net absorption reaching 59-60 million sq. ft., according to ICRA. Despite a surge in new supply, vacancy rates will remain stable. Strong GCCs and flex operators demand drives record leasing, reinforcing India’s commercial real estate momentum.

Apple India Sets Record with Premium Office Lease in Mumbai’s BKC 0

Apple India has set a new record with its ₹738 per sq ft lease for 6,526 sq ft of office space in Mumbai’s BKC. The five-year deal, valued at ₹48.19 lacks per month, underscores the growing demand for premium commercial space in India’s top business hubs.

Mumbai Office Leasing Hits 12.1 Million Sq Ft in 2024 Amid Robust Demand 0
- Industry News
- January 17, 2025
Mumbai’s office leasing reached 12.1 million sq ft in 2024, driven by BFSI, technology, and flexible space sectors. National leasing hit a record 79 million sq ft, with sustainability gaining traction as green-certified spaces accounted for 56% of activity. Mumbai remains a key player in India’s evolving commercial real estate market.
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Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage 0
- Industry News
- January 15, 2025
Embassy Office Parks REIT has leased 2.07 lakh sq ft of office space to cybersecurity firm Rubrik at Embassy TechVillage, Bengaluru. Facilitated by Colliers, the deal supports Rubrik’s expansion in India. Embassy REIT, India’s first listed REIT, boasts a 511 lakh sq ft portfolio across major cities, including Bengaluru.
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Google Expands in Gurugram with Massive 5.5 Lakh Sq Ft Office Lease 0
- Industry News
- January 8, 2025
Google has leased 5.5 lakh sq ft of office space in Gurugram with Table Space, marking one of India’s largest managed workspace deals. The agreement includes an expansion option of 2 lakh sq ft. This move reflects the booming demand for Grade A office spaces as tech firms expand in India.
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