Covid-19 impact: Office vacancy likely to increase in coming quarters

While office rents have remained stagnant in the recent quarters of the calendar year 2020, office vacancy rates have risen steadily due to Covid-related issues.

Vacancies are likely to increase in the coming quarters before they see a trend reversal.

The demand-supply scenario has also remained similar over the past few quarters, according to the data released by CRE MATRIX. 

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel