The Knight Frank report focuses on nine rapidly emerging markets in the Asia Pacific Region, namely - Bangkok, Hong Kong, Kuala Lumpur, Mumbai, Seoul, Shanghai, Singapore, Sydney, and Tokyo
Of over 8.2 Mn sq. ft. net office space in Q1 2023 across the top 7 cities, coworking comprised approx. 2.18 Mn sq. ft.; in pre-Covid Q1 2019, approx. 1.3 Mn sq. ft. net absorption of 9.3 Mn sq. ft. net absorption was by coworking
Buoyant retail sales and improved rental yields are expected to lift the revenue of mall operators by 7-9 per cent this fiscal. That would be tantamount to around 125 per cent of pre-pandemic, or fiscal 2020, revenue," CRISIL said in a statement.
The report highlights the economic growth of Hyderabad since the formation of a separate Telangana state and the key factors that have led to this growth
Murthy said the whole idea of working from the office three days a week and working from home is not the way young Indians should behave at this point in time
