Key Points
Delhi-NCR. is the sixth most expensive market among Asia Pacific's prime office markets with an annual occupancy cost of USD 78.4 per square foot during the July-September period, according to Knight Frank..
Real estate consultant Knight Frank has released its Asia-Pacific Prime Office Rental Index for Q3 (July-September) 2023...
Hong Kong SAR continued to be APAC's most expensive office market during the quarter with an occupancy cost of USD 164.7 per square foot per year...
Occupancy cost of prime office space in Bengaluru was USD 36.1 per square foot per year and the city was ranked 19th out of 23 cities tracked across the APAC region...
"Demand for office space in India's largest occupier markets remained strong with over 7,00,000 square metre of leases sealed during the quarter," the report said.. Heightened activity by occupiers setting up Global Capability Centres (GCC) constituted the majority of demand, it added...
