As of November 2022, Mumbai had 4.3 msf stocks of data centres, Delhi-NCR 2.1 msf, followed by Bengaluru with 1.3 msf, according to inputs Colliers shared with Moneycontrol
In its latest report on 'Asia-Pacific Outlook 2023', property consultant Knight Frank said that rent growth in the APAC region is expected to moderate in 2023 as corporate occupiers are looking to optimise overheads and generate savings.
Despite the massive growth of the co-working sector, experts believe that there will be a wave of consolidation to hit the sector- Smartworks’s Neetish Sarda authors