"We expect that landlords will increasingly cater to occupier interest by providing space-as-a-service on demand. Given that the Indian flexible space market is one of the biggest across APAC, we anticipate that this segment will remain high on the investor radar as well," said Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa, CBRE.
Magazine said he expects flexible space leasing to be around 9 million sq ft in 2019 and around 9-10 million sq ft in 2020.
The company has more than 80,000 employees in 450 offices globally (excluding affiliates).
In India, CBRE has more than 8,000 professionals across 10 offices with a presence in over 80 cities.
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