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Office market touches 34.7 mn sq ft transactions in H1 2024; may double by year Albert City

  Business Opportunities

“We are staring at an office absorption opportunity of more than 70 mn sq ft before the end of the year. We are currently at 34 mn sq ft. The second half of the year may see demand for offices picking up from the IT and ITeS segment. This segment which commanded 40% share in office leasing before COVID-19 is now at barely 10%. This demand is expected to bounce back in the next few months propelling the commercial space take-up


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 Published date:

July 4, 2024

 Region:

Iowa

 City:

Albert City

 Views

5



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