ANI
23 Jun 2025, 14:45 GMT+10
Delhi [India], June 23 (ANI): India's resilience and sustained positive trajectory across key real estate segments, particularly the office sector, at a time when several markets in Greater China and Australia are experiencing a softening in sentiment and more subdued leasing activity, revealed the Asia-Pacific Market Sentiment Survey by CBRE.According to the survey, this robust performance is driven by strong occupier confidence and consistent rental growth in its major cities. 'India's sustained office market momentum and high sentiment index reflect its growing stature as a stable and resilient investment destination. As APAC peers see softening demand, India's diversified occupier base, tech-driven demand, and long-term fundamentals are keeping leasing markets vibrant,' noted Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE.Notably, India's office Market Sentiment Index surged significantly between September 2024 and June 2025, surpassing the 70 per cent threshold and marking the highest sentiment recorded in the country. This signals continued momentum in office leasing, fueled by strong demand from sectors like IT, BFSI, and Global Capability Centres (GCCs).While renewal versus relocation decisions dominated leasing activity in many office markets, India and Japan stood out with persistent expansionary demand, contrasting with a softening trend in Korea and Singapore. This positive sentiment is further corroborated by a recent CBRE office leasing report, which shows a 5 per cent year-on-year increase in total gross office leasing to 18 million sq. ft. across nine Indian cities in Jan-Mar 2025, demonstrating sustained occupier confidence despite global economic uncertainties.India's retail sector also showed strong resilience compared to its APAC counterparts. Despite a slight decrease in leasing activity, the market maintains a strong sense of optimism. Indian retailers are strategically expanding into high-traffic, high-potential locations within major urban centres, reflecting sustained consumer demand and strong long-term confidence in the country's retail landscape.Ada Choi, Head of Research APAC, CBRE, noted, 'While much of the region is adjusting to post-pandemic occupancy trends, India is charting its growth path. Its commercial markets, particularly offices, show strength in demand and rental stability. This resilience positions India well for continued expansion, particularly as global enterprises reassess and diversify their APAC footprints.' (ANI)
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationBEIJING/WELLINGTON: New Zealand's Prime Minister Christopher Luxon commenced his visit to China on June 17, seeking to strengthen trade...
OP Jindal University Tokyo [Japan] June 23: In a significant move that reinforces India's growing academic diplomacy with Japan,...
Delhi [India], June 23 (ANI): India's resilience and sustained positive trajectory across key real estate segments, particularly the...
News agencies are increasingly challenged by fabricated imagery, Foreign Ministry spokeswoman Maria Zakharova has warned The increasing...
(250623) -- WENZHOU, June 23, 2025 (Xinhua) -- An aerial drone photo shows waxberry orchards in Wencheng County, east China's Zhejiang...
By Vishu Adhana New Delhi [India], Jun 23 (ANI): Asia is currently warming at nearly twice the global average, driving extreme weather...
SANTAREM, Brazil: As Brazil cements its position as the world's top soy exporter, a new wave of deforestation is spreading across the...
ZURICH, Switzerland: A wave of central banks across Europe surprised markets last week by lowering interest rates, responding to easing...
WASHINGTON, D.C.: The U.S. economy is performing reasonably well, but Federal Reserve Chair Jerome Powell faces a difficult decision...
WASHINGTON, D.C.: President Donald Trump has granted TikTok another reprieve, extending the deadline for its Chinese parent company,...
WASHINGTON, D.C.: As the global weight-loss market explodes, drugmakers are now racing to solve a less visible problem: protecting...
HAYWARD, California: In a significant step toward its commercial debut, Amazon-owned Zoox has unveiled its first factory dedicated...