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CBRE REPORT ON GCCS
India’s data centre capacity to cross 3 GW by 2028 on AI, hyperscaler demand: CBREIndia's data centre capacity is set to surpass 3 gigawatts by 2028. This growth is driven by strong demand from hyperscalers and the increa...- Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar to set up GCCs in India: CBREForeign companies leased a record 9.1 million square feet of office space in India's top nine cities last quarter. This surge was driven by...
- Indian flexible workspace sector crosses 100 mn sq ft; eyes $10 bn valuation by 2028India's flexible workspace sector has surpassed 100 million sq ft. It is projected to reach a $9-10 billion valuation by 2028. Operators ar...
- India's office leasing hits record 59.6 mn sq. ft from January to SeptemberIndia's office leasing market achieved a record performance in the first nine months of 2025, with the absorption hitting 59.6 million squa...
- Return-to-office push, business growth to drive India’s office demandIndia's office market is poised for significant growth, fueled by return-to-office mandates and business expansion. Domestic firms are incr...
- Global Capacity Centres to drive 35-40% of India's office space absorption in 2025: CBREIndia's office space market is poised for robust growth in 2025, with Global Capacity Centres (GCCs) anticipated to drive significant deman...
- India emerges as Asia-Pacific’s top office real estate market on robust leasing sentiment: ReportIndia's commercial real estate market demonstrates remarkable resilience across office, retail, and industrial sectors, surpassing other As...
- Developers pivot to offer GCCs more than just officesCommercial real estate developers in Bengaluru are now offering "GCC-as-a-service" solutions to meet the rising demand from global capabili...
- Realty developers bet on GCC-as-a-service model as office leasing soarsGlobal capability centres' (GCCs) increasing demand is pushing real estate developers to offer comprehensive "GCC-as-a-service" solutions, ...
- BFSI firms fuel India’s office leasing surge with over 100% YoY growth in Q1 2025In Q1 2025, India's office leasing market saw significant growth, with gross absorption reaching 18 million sq. ft., a 5% YoY increase. The...
- Chennai’s office stock set to exceed 100 million sq ft by 2026 endChennai's office stock is set to surpass 100 million sq ft by 2026, driven by increased private equity investments. The city’s office marke...
- Hyderabad office stock projected to surpass 200 million square ft by 2030Hyderabad's office stock is projected to exceed 200 million sq. ft. by 2030, driven by strong demand from global firms. The city has emerge...
- Chennai to add 12-13 million sq ft of premium office space in 2025-26Chennai is set to expand with 12-13 million sq ft of premium office space by 2025-2026 due to strong corporate demand. The number of Global...
- Office leasing by Global Capability Centres in Chennai likely to touch 3.2 mn sq ft by 2025: CBREChennai is booming as a Global Capability Center (GCC) hub, projected to lease over 3 million square feet of office space by 2025, CBRE rep...
- Bangalore remains frontrunner in GCC office leasing, followed by Hyderabad ChennaiGCCs in India leased 53 million sq. ft. of office space from 2022 to H1 2024, driven by India's talented workforce and cost benefits. They ...
- Bengaluru office stock set to touch 330-340 mn. sq. ft. by 2030, highest in IndiaBengaluru, leading India's office space to 330-340 million sq. ft. by 2030, shows a 41% GCC leasing share. Main areas include ORR, Whitefie...
- Flex office space operators leases 1.6 million sq ft in tier 2 citiesFlexible office space operators are leasing space in tier 2 cities like Ahmedabad, Indore, Lucknow, and Bhubaneswar. According to CBRE, fle...
- BFSI trumps IT sector as key driver of office space demand: CBREIn the first nine months of this year, the BFSI (Banking, Financial Services, and Insurance) sector became the top driver for office leasin...
- MNC offshore units plan to lease 62 mn sq ft by 2025Global Capability Centres (GCCs), offshore units of multinational corporations with a global presence, are poised to be the primary drivers...
- Global Capability Centres boost office space demand across Indian citiesIndia offers the best cost and talent attractiveness score among the top emerging GCC hubs including Brazil, Chile, China, Czech Republic, ...
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