In India, overall occupier demand remained strong and stable with a net balance of +52, with this positivity is broadly equal throughout each commercial sector (office, retail and industrial)
In the coming months, a lot of IT/ITeS companies will go for rationalization of manpower and will look to optimize their office real estate portfolios. These firms would consolidate offices across various locations and move to smaller cities.
In 2018, the annual corporate PPA capacity addition in India passed the 1 GW mark for the first time. Many companies from across sectors are also switching to renewable energy in India
