Net leasing of office space up 44 pc at 115 lakh sq ft during Jan-Mar in top 8 cities: Report The Economic Times
Net leasing of office space rose 44 per cent annually in this quarter across eight major cities on higher demand from corporates for expansion of their businesses, according to Cushman & Wakefield. According to data released on Saturday by real estate consultant Cushman & Wakefield (C&W) India, the net leasing of office space stood at 115.14 lakh (11.5 million) square feet (sq ft) during January-March as against 80.09 lakh (8 million) sq ft in the year-ago period. "This is the third-highest level recorded in the last five years, demonstrating a robust appetite for office space among businesses," the consultant highlighted.
