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flag Co-working space leasing fell 43%, but overall office leasing rose 5% in Q1 2022 in India's major cities.

flag Co-working office space leasing dropped 43% to 21.6 lakh sq ft in the first quarter of 2022 across nine major Indian cities, according to CBRE. flag Despite this, overall office space leasing rose 5% to 180 lakh sq ft. CBRE predicts that by 2025, global corporations will account for 35-40% of total office space absorption, with tech and financial services driving demand. flag Expansion into tier-II cities is also expected.

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