[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Lee Jang Ho staff of Kamagroup Pvt. Ltd. Here I have an important INDIA REAL ESTATE news to share with you which is as undermentioned.
Co-working operators have leased 2.9 million sq ft of area, largely office space, during January-March 2019 across seven major cities - a jump of nearly four-fold from the year-ago period, to meet rising demand for shared and flexible workplace, property consultant CBRE said.
Co-working players had leased just 0.8 million sq ft space in the corresponding period of the previous year, according to a CBRE report 'India Flexible Space Quarterly Digest– Q1 2019'.
Most deals by flexible space operators (98 per cent) were closed in office spaces, and the remaining in mixed-use projects in Q1 2019.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/flexible-space-leasing-by-co-working-operators-sees-4-fold-jump-in-jan-mar-cbre/articleshow/69214520.cms
Kamagroup Pvt. Ltd.
Have a nice day.