Office demand grows 25% YoY in Q1 2022 || Knight Frank India || Hybiz tv

Описание: In its recent report, India’s premier real estate consultancy, Knight Frank observes that 10.8 million square feet (MSF) of office space was transacted in Quarter 1 (Q1) 2022 . Bengaluru remained the foremost market with total leasing of 3.5 MSF of office space, followed by NCR which recorded 2.3 MSF of gross leasing in the first three months. New completion in Q1 2022 was recorded at 11.9 MSF led by Pune which saw a fresh supply of 3.6 MSF followed by Bengaluru with 2.5 MSF of new office spaces. Rents have stabilized or grown in sequential terms during Q1 2022. Even in YoY terms, rents have stayed stable or grown in five of the eight markets. Bengaluru saw the most growth with a YoY rise in rental values of 4% in Q1 2022.

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