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COLLIERS REPORT ON GCCS
AI majors building India base in Bengaluru boosting space demandBengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. Europ...- India's office story stays resilient as demand surges despite global volatilityIndia's office market is showing strong resilience in early 2026. Demand is consistently exceeding supply across major cities. Technology a...
- Global firms rent 101 m sq ft space in last 5 years for GCCs in India: ColliersGlobal firms are rapidly expanding their Global Capability Centres in India, with US companies alone occupying around 71 million sq ft of o...
- GCCs to drive nearly half of India’s flex demand by 2027: ReportIndia's flex workspace market is poised for significant growth, with stock projected to exceed 100 million sq ft by 2027. This expansion is...
- GCC-driven office space demand in India rises 8% in Jan-Sep: ReportIndia's office market demonstrates resilience, surpassing 50 million sq ft in the first nine months, driven by GCC expansion and domestic f...
- After 2022 dip, GCCs stage strong comeback with 40% share of office demand in 2025GCC leasing in India rebounds strongly. Nearly 100 million sq ft absorbed since 2021. GCCs will command 40% of office demand in 2025. Leasi...
- Technology sector anchors 40% office leasing, as global enterprises expand India operationsIndia's commercial office market thrives on large transactions, with deals exceeding 100,000 sq. ft. driving Grade A space uptake. The tech...
- India, China & Japan among world’s top 10 tech markets in 2025India has emerged as a global tech talent powerhouse in 2025, driven by rapid growth in AI, cybersecurity, and digital innovation. Accordin...
- 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, ...
- Surge in office space demand across APAC: Key markets driving growthDemand for office space in APAC's top 11 markets surged by 15.9% annually to 8.8 million sqm in 2024, primarily driven by India, Mainland C...
- India’s office market on track for record leasing in 2025India’s top six cities are expected to see unprecedented office leasing in 2025, driven by Global Capability Centres, engineering firms, BF...
- APAC investor optimism set to boost institutional investments in Indian real estate in 2025A new Colliers report reveals that Asia Pacific investors are highly optimistic about the region's real estate market, with India emerging ...
- Engineering, manufacturing and BFSI occupiers to account for 40% of office demand during 2025-27India's office space demand is diversifying with sectors like engineering, BFSI, and healthcare gaining prominence. Over the next three yea...
- Over 80% occupiers plan to expand through flex spaces in the next 3-5 yearsThe adoption of flexible office spaces is on the rise, particularly among multinational companies, with a projected 3-4 times increase by 2...
- Rentals across India’s key office markets up 4-8% in March quarter, ColliersIndia's prime office markets witness 4-8% yearly rental rise driven by demand and quality supply, surpassing pre-pandemic levels in 2024. O...
- Office leasing likely to rise 10-12 pc this year driven by demand from GCCs: RMZ Chairman Raj MendaMenda, who is also Chairman of FICCI Committee on Urban Development and Real Estate, noted that the demand for bigger spaces, starting from...
- India's office leasing is expected to surpass 50 million square feet by 2024India's office leasing is predicted to exceed 50 million square feet in 2024, setting a new benchmark despite global challenges. The office...
- Foreign firms looking to set up GCCs in India; may need 45-50mn sq ft office space by 2025: ColliersThe demand is mainly led by improved business sentiments and a positive economic outlook, signalling confidence among foreign-origin compan...
- Adidas to set up its first Asia GCC outside China in Tamil NaduAdidas, headquartered in Herzogenaurach, Bavaria, will set up its Global Business Services (GBS) hub with Akhil Kapoor leading operations. ...
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