• Industrial and logistics investments highest in 5 years at USD1.1 bn
• Residential investments highest in 4 years at USD0.9 bn
• Investments into alternate assets up 26% YoY
The rapid expansion plans by the major coworking players, and the pandemic-triggered need to re-strategize workspaces, indicate a bright future for this new asset class.
Among upcoming Indian submarkets, Colliers highlights Whitefield and North Bengaluru in Bengaluru, Peripheral Business District in Hyderabad, and Noida Expressway and Golf Course Extension Road (Gurguram) in Delhi NCR, among others.
Knight Frank India’s data shows that office leasing activity saw a two-fold rise on a sequential basis to 1.63 million sq. m in the Dec quarter; A quick turnaround in office leasing activity is not foreseen at least for the next six months, say analysts
Major changes are already taking place and a key question is whether these will be in place for the short term or whether we are seeing structural shifts that will persist going forward.
