Co-working operators have leased 4 million sq ft of office space across eight major cities during the first half of 2019 to meet rising demand of such flexible area from corporates and startups, according to property consultant Knight Frank. Co-workspace operators leased four million sq ft of office space in India’s top eight cities in H1 this year, a 42% YoY increase that accounted for 15% of all office space transactions during the period, according to Knight Frank. The growth is driven by an influx of new tenants and rising demand from companies looking to expand their presence across India.
Co-workspace operators leased four million sq ft of office space in India’s top eight cities in H1 this year, a 42% YoY increase that accounted for 15% of all office space transactions during the period, according to Knight Frank. The growth is driven by an influx of new tenants and rising demand from companies looking to expand their presence across India.