The flexible office market in Asia Pacific has grown rapidly in recent years , reaching 40 million sq ft by H1 2018 , according to a report by CBRE South Asia . Growth in India is significantly outpacing other markets in the region. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Flexible workspace in the world’s fastest growing economy amounted to 15 million sq ft by Ram Chandnani , accounting for 1.7% of overall office stock compared with 3% in the broader region. The pace of expansion is attributed to domestic operators, which account for 1.7% of the total flexible office space market, according to CBRE India ’s Q3 2018 .
The flexible office market in Asia Pacific has grown rapidly in recent years , reaching 40 million sq ft by H1 2018 , according to a report by CBRE South Asia . Growth in India is significantly outpacing other markets in the region. Flexible workspace in the world’s fastest growing economy amounted to 15 million sq ft by Ram Chandnani , accounting for 1.7% of overall office stock compared with 3% in the broader region. The pace of expansion is attributed to domestic operators, which account for 1.7% of the total flexible office space market, according to CBRE India ’s Q3 2018 .