Indian Realty Outlook - Demystifying Future Growth Opportunities in the Office Sector

As COVID-19 recedes into the background, the transformation wrought by it has come steadily into focus. As we enter a new era of real estate, growing digitalisation and ever-changing consumer and occupier needs would shape the future of this industry. To map out this transformative journey, CBRE evaluated how the office sector is reacting and responding to these changing times. Below are our key observations:

• A buoyant office sector witnessed record leasing activity in Q2 2022, causing us to revise up our previous forecasts to 53-57 million sq. ft. in 2022.
• Further spurt in investment-grade supply addition likely; expect supply to reach 54-58 million sq. ft. in 2022.
• The adoption of hybrid working is likely to require more sophisticated buildings that are ‘futureproofed’.

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